Hazem El-Menoufy, member of the General Division of Foodstuffs and head of the Grocery Division at the Alexandria Chamber of Commerce said that the prices of table eggs have witnessed successive increases during the past two weeks, as the price of a carton (30 eggs) jumped from an average of EGP 53-54 to EGP 70-75.
El-Menoufy explained that the price of eggs has witnessed gradual increases since Eid Al-Fitr until now, and the value of the increase reached about EGP 20 per carton, and the average selling price to the public reached about EGP 2.25-2.5 per egg.
The head of the Grocery Division pointed out that eggs are one of the basic commodities, stressing that prices must be controlled, citing no justification for these exaggerated increases, especially since the cost of production is almost fixed and has not seen any increases for two months.
He pointed out that there is great manipulation in the egg market, and the unjustified rise paid by the final consumer is not reasonable.
El-Menoufy called on the regulatory authorities to inspect the major traders and distributors of eggs to control this vital commodity, especially since Egypt has self-sufficiency in egg production, and about 1 billion eggs are produced per month, and therefore it is assumed that there will be no significant increases in a commodity like eggs.
He demanded that the date of egg production be specified in writing on the shell, so that the consumer preserve health, and prevent monopolistic practices in the markets.
