{"id":645662,"date":"2017-07-26T04:14:01","date_gmt":"2017-07-26T04:14:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/"},"modified":"2017-07-26T04:14:01","modified_gmt":"2017-07-26T04:14:01","slug":"rice-export-ban-drives-down-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/","title":{"rendered":"Rice export ban drives down prices"},"content":{"rendered":"<p>Rice prices dropped EGP 600 to EGP 3,900 per tonne due to the ban on rice exports currently in place, a Supply Ministry source <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=25072017&id=c9ed918a-0e91-44c0-8a6b-62fd4f1ebb19\">tells Al Shorouk<\/a>. The ban, in combination with efforts to curb smuggling, has increased rice supply in the market, driving down prices, according to the source. The government had <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/11\/government-keeps-rice-export-ban-in-place\/\">decided earlier this month<\/a> to keep the ban in place during the upcoming period, after having <a href=\"https:\/\/enterprise.press\/stories\/2016\/08\/11\/cabinet-approves-draft-to-settle-tax-disputes-bans-rice-export-again\/\">re-imposed it last year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rice prices dropped EGP 600 to EGP 3,900 per tonne due to the ban on rice exports currently in place, a Supply Ministry source tells Al Shorouk. The ban, in combination with efforts to curb smuggling, has increased rice supply in the market, driving down prices, according to the source. The government had decided earlier [&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":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645662","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a23df7e3-e62e-4dd2-8ec1-726eab32b950","order":"0","is_powered_by":true,"section_story_id":"7bbfd2f9-6c9c-495f-acbe-ca16a2fe5090","story_type":"1","photo_url":"","photo_position":"above","related_issue":[645632],"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>Rice export ban drives down 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\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rice export ban drives down prices\" \/>\n<meta property=\"og:description\" content=\"Rice prices dropped EGP 600 to EGP 3,900 per tonne due to the ban on rice exports currently in place, a Supply Ministry source tells Al Shorouk. The ban, in combination with efforts to curb smuggling, has increased rice supply in the market, driving down prices, according to the source. The government had decided earlier [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-07-26T04:14:01+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\/2017\/07\/26\/rice-export-ban-drives-down-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Rice export ban drives down prices\",\"datePublished\":\"2017-07-26T04:14:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\",\"name\":\"Rice export ban drives down prices - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-07-26T04:14:01+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rice export ban drives down prices\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rice export ban drives down prices - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/rice-export-ban-drives-down-prices\/","og_locale":"en_US","og_type":"article","og_title":"Rice export ban drives down prices","og_description":"Rice prices dropped EGP 600 to EGP 3,900 per tonne due to the ban on rice exports currently in place, a Supply Ministry source tells Al Shorouk. 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Producers\u2026","rel":"","context":"In &quot;Commodities&quot;","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645145,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/supply-ministry-targets-doubling-rice-production-this-season\/","url_meta":{"origin":645662,"position":1},"title":"Supply Ministry targets doubling rice production this season","author":"enterpriseam admin","date":"12 July 2017","format":false,"excerpt":"The Supply Ministry is looking to double the country\u2019s rice production this harvest season to 6.5 mn tonnes, up from 5.1 mn tonnes last year, Reuters reports. Strategic rice reserves are also expected to increase over the next 10 days to fulfill domestic needs for 12 months, up from four\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":638868,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/farmers-are-refusing-to-sell-their-rice-harvests-to-the-government-due-to-low-prices-says-syndicate-head\/","url_meta":{"origin":645662,"position":2},"title":"Farmers are refusing to sell their rice harvests to the government due to low prices, says syndicate head","author":"enterpriseam admin","date":"16 October 2017","format":false,"excerpt":"Farmers are selling their rice on the open market because the government is offering them prices that are too low, Farmers\u2019 Syndicate head Hussein Abdel Rahman said, Al Mal reports. Some farmers are also smuggling their harvests to Libya, Sudan, Jordan, or the Gulf to fetch a higher price, despite\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":646402,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/rice-prices-will-not-increase-anytime-soon-fei-rep-says\/","url_meta":{"origin":645662,"position":3},"title":"Rice prices will not increase anytime soon, FEI rep says","author":"enterpriseam admin","date":"13 June 2017","format":false,"excerpt":"Rice prices are not expected to see any increase soon, the Federation of Egyptian Industries\u2019 cereals chamber\u2019s 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\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":631133,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/supply-ministry-raises-local-rice-buying-price-egp-200-per-tonne\/","url_meta":{"origin":645662,"position":4},"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 &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":596792,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/08\/egypts-strategic-rice-reserves-sufficient-until-15-october\/","url_meta":{"origin":645662,"position":5},"title":"Egypt\u2019s strategic rice reserves sufficient until 15 October","author":"enterpriseam admin","date":"8 July 2019","format":false,"excerpt":"Egypt has strategic rice reserves to last until 15 October and 4.5 months-worth of wheat reserves, Supply Minister Ali El Moselhy said, according to a MENA report picked up by Reuters\u2019 Arabic service. 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