_1777352244987_250242181.png&w=64&q=75){kind=small}
Agriculture Official Clarifies Rice Price Rise
Reports indicate that the prices of coarse rice temporarily increased by approximately 1,000 Egyptian pounds per ton over the past two weeks, bringing the current price to between 12,500 and 14,000 Egyptian pounds. Meanwhile, the price of long-grain rice remains stable. The head of the rice research department at the Agricultural Research Center explained that the rise is due to a temporary surge in demand for a specific type of rice. He also noted that the market is approaching the end of the season, with rice stocks among farmers still at about 25%. Egypt has achieved self-sufficiency in rice production, with an output of approximately 6.5 to 7 million tons, and maintains strategic reserves sufficient for between 8 and 12 months of consumption.
Notice: This Is an AI-Generated Summary
Comments (0)