Poultry Union Comments on 140-Pound Egg Carton

Ahmad Nabil, head of the Table Eggs Division at the Poultry Producers Union, confirmed that the current increase in egg prices is a market correction rather than a rise. The cost of producing a single egg exceeds 115 pounds, while it is sold to consumers at a price ranging between 130 and 140 pounds. He explained that the previous wholesale price was between 60 and 70 pounds, indicating that producers incurred losses due to decreased demand and rising costs resulting from a 30-40% increase in global raw material prices. He also noted that egg consumption rises with the start of the school season, despite limited supply, as producers' losses have led them to reduce production, which in turn has driven up the final retail price for consumers.

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