{"id":574685,"date":"2020-09-17T04:13:25","date_gmt":"2020-09-17T04:13:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/beheira-and-sharqia-to-hold-cotton-auctions-until-15-december-2020\/"},"modified":"2020-09-17T04:13:25","modified_gmt":"2020-09-17T04:13:25","slug":"beheira-and-sharqia-to-hold-cotton-auctions-until-15-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/beheira-and-sharqia-to-hold-cotton-auctions-until-15-december-2020\/","title":{"rendered":"Beheira and Sharqia to hold cotton auctions until 15 December 2020"},"content":{"rendered":"<p>A new cotton trading system was rolled out in Beheira and Sharqia on Tuesday, with public auctions due to be held across the two governorates until mid-December, the Public Enterprises Ministry in <a href=\"https:\/\/bit.ly\/3kttxjn\">a statement<\/a>. Sales will be restricted to government-designated collection centers where farmers go to directly auction their crops. The auctions <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ede12ea0-a2fa-43cd-a564-e83080bc32aa\">began taking place last week<\/a> in two other governorates, Fayoum and Beni Suef \u2014 the first time the private sector has participated in a state-run auction in the modern era.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new cotton trading system was rolled out in Beheira and Sharqia on Tuesday, with public auctions due to be held across the two governorates until mid-December, the Public Enterprises Ministry in a statement. Sales will be restricted to government-designated collection centers where farmers go to directly auction their crops. The auctions began taking place [&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":[9309],"tags":[97,2416,317,72,79],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-574685","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-agriculture","tag-basic-materials-commodities","tag-commodities","tag-enterpriseam","tag-public-enterprises-ministry","wpautop","entry"],"acf":{"mongo_id":"5ac90086-65d3-4a4a-b402-b40b84c7a4e2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[574662],"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>Beheira and Sharqia to hold cotton auctions until 15 December 2020 - 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\/2020\/09\/17\/beheira-and-sharqia-to-hold-cotton-auctions-until-15-december-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Beheira and Sharqia to hold cotton auctions until 15 December 2020\" \/>\n<meta property=\"og:description\" content=\"A new cotton trading system was rolled out in Beheira and Sharqia on Tuesday, with public auctions due to be held across the two governorates until mid-December, the Public Enterprises Ministry in a statement. Sales will be restricted to government-designated collection centers where farmers go to directly auction their crops. 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The private sector will be permitted to\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575302,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/private-sector-buys-40k-qintars-of-cotton-under-new-auction-system\/","url_meta":{"origin":574685,"position":1},"title":"Private sector buys 40k qintars of cotton under new auction system","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"Private-sector companies bought nearly 40k qintars of cotton since the launch of the state\u2019s new auction-based cotton trading system, which began on 15 September and will end on 15 December, cabinet said in a statement. Companies from the private sector won all auctions held in Fayoum, Beni Suef, Beheira, and\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575607,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/egypts-farmers-call-for-cotton-subsidies-as-low-prices-bite\/","url_meta":{"origin":574685,"position":2},"title":"Egypt\u2019s farmers call for cotton subsidies as low prices bite","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"Cotton traders are demanding the government provide subsidies to farmers worth EGP 200-300 per qintar to offset the low prices created by the new public auction system, reports Al Mal. Member of the Egyptian Cotton Union Mahmoud Farouk said prices had been driven down to an average of EGP 1.8k\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596361,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/new-cotton-auction-system-draws-criticism-from-bidding-companies-for-high-prices\/","url_meta":{"origin":574685,"position":3},"title":"New cotton auction system draws criticism from bidding companies for high prices","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"Private companies refused to participate in the first cotton auction held under a new mechanism yesterday, complaining that the opening price of EGP 2.1k per qintar was too high, the Public Enterprises Ministry said in a statement picked up by the local press. The new public auction system is being\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597469,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/fayoum-beni-suef-to-experiment-with-auction-mechanism-for-egypts-short-staple-cotton-crops\/","url_meta":{"origin":574685,"position":4},"title":"Fayoum, Beni Suef to experiment with auction mechanism for Egypt\u2019s short staple cotton crops","author":"enterpriseam admin","date":"28 July 2019","format":false,"excerpt":"The government will begin using public auctions on a trial basis in Fayoum and Beni Suef to sell local short staple cotton to bidding companies in the coming harvest season, which begins in September, government sources told the press.The auction mechanism could be standardized starting the 2020-2021 harvest if it\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649356,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/160k-tonnes-of-wheat-collected-during-first-two-weeks-of-harvest-season\/","url_meta":{"origin":574685,"position":5},"title":"160k tonnes of wheat collected during first two weeks of harvest season","author":"enterpriseam admin","date":"30 April 2017","format":false,"excerpt":"The Supply Ministry has collected 160k tonnes of local wheat from farmers since harvest season began on April 15, an unnamed ministry source said, Al Shorouk reports. 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