The beginning of the commodity exchange in Egypt with poultry and eggs

Newspaper Title: https://asumetech.com/

Newspaper Number:

Monday - 18 October 2021

The Egyptian minister of agriculture, El-Qusair, has agreed with the chairman of the Egyptian stock exchange and vice president of the board of directors of the commodity exchange, Mohamed Farid, that the commodity exchange will begin its work with poultry and eggs.

The two sides discussed, according to a statement, today, Sunday, on ways to coordinate efforts and cooperate in the field of trade in goods.

The meeting addressed the discussion on how to develop mechanisms to exchange a range of subjects prime strategic in orderly manner governed by the forces of supply and demand, through the exchange of goods.

The two sides, the Ministry of Agriculture and the Stock Exchange, seek, through cooperation, to work to make available and supply goods at prices that reflect a real interaction of the forces of supply and demand. in in order to guarantee the protection of the rights of producers and consumers.

The process of listing poultry and eggs on the commodity exchange is expected prime achieve transparency in the pricing process through trade and follow-up of prices, as well as the reduction of intermediate cycles that cause price fluctuations.

These efforts fall within the framework of the directives of the political leadership and the government’s efforts to provide healthy, safe and sustainable food at reasonable prices, as it was agreed to complete the consultations during the next phase with the participation of the Union of Poultry Producers and of all stakeholders and develop implementation mechanisms to achieve the maximum possible benefit in light of the coordination and cooperation process between the two parties.The Egyptian minister of agriculture, El-Qusair, has agreed with the chairman of the Egyptian stock exchange and vice president of the board of directors of the commodity exchange, Mohamed Farid, that the commodity exchange will begin its work with poultry and eggs.

The two sides discussed, according to a statement, today, Sunday, on ways to coordinate efforts and cooperate in the field of trade in goods.

The meeting addressed the discussion on how to develop mechanisms to exchange a range of subjects prime strategic in orderly manner governed by the forces of supply and demand, through the exchange of goods.

The two sides, the Ministry of Agriculture and the Stock Exchange, seek, through cooperation, to work to make available and supply goods at prices that reflect a real interaction ofThe Egyptian minister of agriculture, El-Qusair, has agreed with the chairman of the Egyptian stock exchange and vice president of the board of directors of the commodity exchange, Mohamed Farid, that the commodity exchange will begin its work with poultry and eggs. The two sides discussed, according to a statement, today, Sunday, on ways to coordinate efforts and cooperate in the field of trade in goods. The meeting addressed the discussion on how to develop mechanisms to exchange a range of subjects prime strategic in orderly manner governed by the forces of supply and demand, through the exchange of goods. The two sides, the Ministry of Agriculture and the Stock Exchange, seek, through cooperation, to work to make available and supply goods at prices that reflect a real interaction of the forces of supply and demand. in in order to guarantee the protection of the rights of producers and consumers. The process of listing poultry and eggs on the commodity exchange is expected prime achieve transparency in the pricing process through trade and follow-up of prices, as well as the reduction of intermediate cycles that cause price fluctuations. These efforts fall within the framework of the directives of the political leadership and the government’s efforts to provide healthy, safe and sustainable food at reasonable prices, as it was agreed to complete the consultations during the next phase with the participation of the Union of Poultry Producers and of all stakeholders and develop implementation mechanisms to achieve the maximum possible benefit in light of the coordination and cooperation process between the two parties the forces of supply and demand. in in order to guarantee the protection of the rights of producers and consumers.

The process of listing poultry and eggs on the commodity exchange is expected prime achieve transparency in the pricing process through trade and follow-up of prices, as well as the reduction of intermediate cycles that cause price fluctuations.

These efforts fall within the framework of the directives of the political leadership and the government’s efforts to provide healthy, safe and sustainable food at reasonable prices, as it was agreed to complete the consultations during the next phase with the participation of the Union of Poultry Producers and of all stakeholders and develop implementation mechanisms to achieve the maximum possible benefit in light of the coordination and cooperation process between the two parties.