FEDCOC: Rice prices stable with safe level of strategic reserve

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Thu, 20 Feb 2020 - 03:51 GMT

BY

Thu, 20 Feb 2020 - 03:51 GMT

Rice agriculture in Egypt - Photo by Hussein Tallal

Rice agriculture in Egypt - Photo by Hussein Tallal

CAIRO - 20 February 2020: The Federation of Egyptian Chambers of Commerce (FEDCOC) under Ibrahim el Arabi underlined that rice prices will be stable in the coming period.

In a press release on Thursday, the union said the strategic reserve of rice is at the safe level and would cover the needs of the Egyptian people.

He added that the federation is following up on a daily basis the status of all commodities on the market.

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