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بوابة الشروق
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Cheese markets see price hike and stockpiling
The prices of cheese products in the Egyptian market have increased significantly over the past two months, with companies such as AbouLad and Rois experiencing a gradual rise totaling approximately 30%. The companies attributed these increases to higher production costs, despite the stable US dollar exchange rate and calm global raw material prices. Traders warned that ongoing price hikes are prompting them to stockpile the product to hedge against future increases, while reports indicate that the market remains relatively balanced, with a wide range of options available to consumers.
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