Rice prices are not expected to see any increase soon, the Federation of Egyptian Industries’ cereals chamber’s rice division chairman Ragab Shehata says, according to Al Masry Al Youm. Shehata says there is a sufficient supply of rice domestically and this might even drive prices down. He says current market prices are now around EGP 6-7 per kg for bulk rice and EGP 6.5-7.5 per kg for packaged varieties.

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