{"id":593434,"date":"2019-11-27T04:02:08","date_gmt":"2019-11-27T04:02:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/"},"modified":"2019-11-27T04:02:08","modified_gmt":"2019-11-27T04:02:08","slug":"egypt-scraps-minimum-price-for-cotton-exports","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/","title":{"rendered":"Egypt scraps minimum price for cotton exports"},"content":{"rendered":"

The Holding Company for Spinning and Weaving is scrapping a decision from October 2018 that set a minimum price for cotton exports, company Chairman Ahmed Mostafa said, according to Al Mal<\/a>. The decision led companies to claim sales at the minimum price, while charging customers different prices to remain competitive.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Holding Company for Spinning and Weaving is scrapping a decision from October 2018 that set a minimum price for cotton exports, company Chairman Ahmed Mostafa said, according to Al Mal. The decision led companies to claim sales at the minimum price, while charging customers different prices to remain competitive.<\/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":[11071,2416,317,72,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-593434","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-ahmed-mostafa","tag-basic-materials-commodities","tag-commodities","tag-enterpriseam","tag-trade","wpautop","entry"],"acf":{"mongo_id":"8a6479dd-6f21-4607-99a4-f5602ffbfc67","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[593407],"teaser":"","voice_url":""},"yoast_head":"\nEgypt scraps minimum price for cotton exports - 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\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt scraps minimum price for cotton exports\" \/>\n<meta property=\"og:description\" content=\"The Holding Company for Spinning and Weaving is scrapping a decision from October 2018 that set a minimum price for cotton exports, company Chairman Ahmed Mostafa said, according to Al Mal. The decision led companies to claim sales at the minimum price, while charging customers different prices to remain competitive.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-27T04:02:08+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt scraps minimum price for cotton exports\",\"datePublished\":\"2019-11-27T04:02:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/\"},\"wordCount\":56,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Ahmed Mostafa\",\"Basic Materials + Commodities\",\"commodities\",\"EnterpriseAM\",\"trade\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/egypt-scraps-minimum-price-for-cotton-exports\/\",\"name\":\"Egypt scraps minimum price for cotton exports - 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Private companies refused to participate in the first cotton auction held under a new mechanism last month, complaining that\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":631133,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/supply-ministry-raises-local-rice-buying-price-egp-200-per-tonne\/","url_meta":{"origin":593434,"position":1},"title":"Supply Ministry raises local rice buying price EGP 200 per tonne","author":"enterpriseam admin","date":"11 March 2018","format":false,"excerpt":"The Supply Ministry has raised the price at which it is purchasing rice from local farmers for the subsidy system by EGP 200 per tonne to EGP 6,300 per tonne as rice barley prices have been on the rise, Al Borsa reports. Agricultural Exports Council member Mostafa El Nagary expects\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":598097,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/egypt-exports-1-2-mn-tonnes-of-citrus-fruits-this-season\/","url_meta":{"origin":593434,"position":2},"title":"Egypt exports 1.2 mn tonnes of citrus fruits this season","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"Egypt\u2019s citrus exports have reached 1.2 mn tonnes thus far for the current season, head of the Agriculture Ministry\u2019s Central Department of Agricultural Quarantine Ahmed Al Attar said, according to Egypt Today. Egypt exported 1.7 mn tonnes during the entirety of the season last year.","rel":"","context":"In "Basic Materials + Commodities"","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":598512,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/27\/egypts-cotton-exports-up-52-from-december-to-february\/","url_meta":{"origin":593434,"position":3},"title":"Egypt\u2019s cotton exports up 52% from December to February","author":"enterpriseam admin","date":"27 May 2019","format":false,"excerpt":"Egypt\u2019s cotton exports increased 52% y-o-y to 579.3k qintars during the first quarter of this season, compared to 379.7k qintars in the same period last year, according to CAPMAS figures (pdf). 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