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Lentil Prices Rise by 1,500 Pounds per Ton
Lentil prices have increased by approximately 1,500 Egyptian pounds per ton, rising from 36,500 to 38,000 pounds. This hike comes amid growing demand as winter approaches and global shipping costs fluctuate. The Herbalist, Vice Chairman of the Agricultural Crops Division, confirmed that the increase is seasonal and natural, and does not pose a concern. He noted that there is ample supply and no shortage in deliveries. Additionally, he pointed out that over the past two years, lentil prices have experienced a significant decline of between 50% and 60%.
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