{"id":550136,"date":"2022-10-16T03:53:04","date_gmt":"2022-10-16T03:53:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/16\/private-bakeries-can-get-state-flour-if-they-stick-to-state-bread-prices\/"},"modified":"2022-10-16T03:53:04","modified_gmt":"2022-10-16T03:53:04","slug":"private-bakeries-can-get-state-flour-if-they-stick-to-state-bread-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/16\/private-bakeries-can-get-state-flour-if-they-stick-to-state-bread-prices\/","title":{"rendered":"Private bakeries can get state flour if they stick to state bread prices"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Private bakeries can now get their hands on state wheat: <\/strong>Bakeries will join the list of private sector players eligible to buy wheat from state grain buyer GASC at EGP 10k per ton, according to a Supply Ministry <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid06BgrcY8jwQDgMN2aobb4eVmpf4tQCDWGyreMhG5gQs4uThU3WD94dyWEUF852YtTl?__cft__[0]=AZVwrhrGpefkn1PT-DCxBtkyIKZWkvfdaGhLNHAG8cJhOZQv3W3qt901702jSFUO4igUO56fCAL1e8fh3pAklVJYUAE4o0PUBtG2wWLRnybKqFQ7lFgieYH4JV1JX2se8uF4i073U6zi_HIvre8qDnmEo-laB0pEQy8ueiHhikAlLLx7YYL_htOEeUD17Bqtq_nQ0IlSc_Mo-ioHerfURMcv&__tn__=%2CO%2CP-R\">st<\/a><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid06BgrcY8jwQDgMN2aobb4eVmpf4tQCDWGyreMhG5gQs4uThU3WD94dyWEUF852YtTl?__cft__[0]=AZVwrhrGpefkn1PT-DCxBtkyIKZWkvfdaGhLNHAG8cJhOZQv3W3qt901702jSFUO4igUO56fCAL1e8fh3pAklVJYUAE4o0PUBtG2wWLRnybKqFQ7lFgieYH4JV1JX2se8uF4i073U6zi_HIvre8qDnmEo-laB0pEQy8ueiHhikAlLLx7YYL_htOEeUD17Bqtq_nQ0IlSc_Mo-ioHerfURMcv&__tn__=%2CO%2CP-R\">atement<\/a>.<\/p>\n<p><strong>This is limited for now to<\/strong> <strong>bakeries in Greater Cairo, Alexandria and Menoufia<\/strong>, who can start putting in requests for wheat starting tomorrow for a period of one month. GASC will take 72 hours to respond to requests. The scheme will be rolled out to the remaining governorates, the ministry said, without specifying when.<\/p>\n<p><strong>Private bakeries will need to stick to the state\u2019s price list: <\/strong>Bakeries that source their wheat from GASC will have to adhere to ministry prices, which put the 40-gram fino loaf at EGP 0.75, the 60-gram loaf at EGP 1.00 and the unsubsidized 75-gram loaf of bread at EGP 1.00.<\/p>\n<p><strong>REMEMBER- <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16ac6c38-7486-4ea1-9a9f-24120500c7f9\">GASC last week started<\/a><\/strong><strong> selling wheat to private mills and flour to some private pasta makers<\/strong> for a month-long period, in a bid to bring down bread prices. There have been reports that some 700k tons of wheat destined for the private sector is stuck at ports amid the FX shortage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Private bakeries can now get their hands on state wheat: Bakeries will join the list of private sector players eligible to buy wheat from state grain buyer GASC at EGP 10k per ton, according to a Supply Ministry statement. This is limited for now to bakeries in Greater Cairo, Alexandria and Menoufia, who can start [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[317,72,2234,550],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550136","post","type-post","status-publish","format-standard","hentry","category-commodities","tag-commodities","tag-enterpriseam","tag-foreign-exchange","tag-gasc","wpautop","entry"],"acf":{"mongo_id":"cafa41ca-9016-48ee-90cf-78b182eb2fd5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[550123],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Private bakeries can get state flour if they stick to state bread prices - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/16\/private-bakeries-can-get-state-flour-if-they-stick-to-state-bread-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private bakeries can get state flour if they stick to state bread prices\" \/>\n<meta property=\"og:description\" content=\"Private bakeries can now get their hands on state wheat: Bakeries will join the list of private sector players eligible to buy wheat from state grain buyer GASC at EGP 10k per ton, according to a Supply Ministry statement. 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