{"id":648520,"date":"2017-04-05T04:05:13","date_gmt":"2017-04-05T04:05:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/"},"modified":"2017-04-05T04:05:13","modified_gmt":"2017-04-05T04:05:13","slug":"egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/","title":{"rendered":"EGP float reduced consumption of basic commodities by 30%, traders say"},"content":{"rendered":"

The EGP float drove down consumption of basic commodities by 30%, traders told Federation of Egyptian Chambers of Commerce head Ahmed El Wakeel yesterday, Al Ahram<\/a> reports. This rate of consumption will undoubtedly help ensure sufficient supplies of sugar, oil, and other food staples to meet Ramadan demand, they added. The traders also told El Wakeel that the Supply Ministry\u2019s decision last month<\/a> to force manufacturers to print the price of sugar on the packaging has caused them to incur losses from not being able to sell imported sugar at a different price from the locally produced product.<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGP float drove down consumption of basic commodities by 30%, traders told Federation of Egyptian Chambers of Commerce head Ahmed El Wakeel yesterday, Al Ahram reports. This rate of consumption will undoubtedly help ensure sufficient supplies of sugar, oil, and other food staples to meet Ramadan demand, they added. The traders also told El […]<\/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-648520","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"e739cb10-5c76-476b-b624-4fa5ddfb1028","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648492],"teaser":"","voice_url":""},"yoast_head":"\nEGP float reduced consumption of basic commodities by 30%, traders say - 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\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EGP float reduced consumption of basic commodities by 30%, traders say\" \/>\n<meta property=\"og:description\" content=\"The EGP float drove down consumption of basic commodities by 30%, traders told Federation of Egyptian Chambers of Commerce head Ahmed El Wakeel yesterday, Al Ahram reports. This rate of consumption will undoubtedly help ensure sufficient supplies of sugar, oil, and other food staples to meet Ramadan demand, they added. The traders also told El […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-05T04:05:13+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\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EGP float reduced consumption of basic commodities by 30%, traders say\",\"datePublished\":\"2017-04-05T04:05:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/\"},\"wordCount\":108,\"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\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/egp-float-reduced-consumption-of-basic-commodities-by-30-traders-say\/\",\"name\":\"EGP float reduced consumption of basic commodities by 30%, traders say - 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The decision also sets the price of sugar sold\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":647549,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/sugar-prices-reduced-for-regular-commercial-industrial-use\/","url_meta":{"origin":648520,"position":1},"title":"Sugar prices reduced for regular, commercial, industrial use","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"Sugar traders and manufacturers reached an agreement to reduce the price of sugar sold to regular consumers to EGP 10 per kg from EGP 10.50 per kg, effective immediately, Supply Minister Ali El Moselhy announced yesterday, Al Borsa reports. 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