Egypt raised price of subsidized vegetable oils
On June 1, Egypt’s government raised the price of subsidized vegetable oils by 23.5% to EGP 21 per one-liter bottle.
Their prices will be revised every three months.
The price increase will allow the government food buyer GASC to break even and make oils of local production more competitive, UkrAgroConsult reports.
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Tags: Egypt, vegetable oils, vegoils
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