The cigarette crisis in Egypt has created a recovery in the "excessive" sales market for most consumers, due to the disappearance of most types and their high prices by traders, almost twice the official price, ranging from 2.5 to 5 pounds per type
And I allocated the money in a random tour of a number of kiosks and hypermarket stores today, within the Cairo and Giza governorate, compatible prices for selling hypermarket cigarettes, reaching about 5 pounds for one LM and Marlboro type cigarette, the price of Cleopatra cigarettes was recorded at 4 pounds, and Chinese cigarettes from 2 to 2.5 include different types
Excessive cigarette prices were also recorded for Gold Coast types and were about 3 pounds per cigarette, especially that the sale includes all local and foreign varieties both because of the demand for it by consumers, according to sources
Rising cigarette prices
It is noteworthy that the prices of cigarettes have increased by 80 to 100% on the black market after being withheld from the masses and not committing to sell at the Official Price announced by companies, to exploit price differences, according to sources of money
Dealers confirmed to "money" that the prices of well-known cigarettes are still high, ranging from 50 to 55 pounds for a box of "Cleopatra box", against 24 its official price, and Target and Gold Coast rose 40 instead of 25
And "Marlboro" of all kinds at a price of 85 pounds and the official price is 59, while "Marlboro craft" increased to 70 instead of 44, and " LM " 75 against 39
Government efforts to control the market
Ibrahim al-embabi, head of the general division of smoke at the Chamber of food industries of the Federation of Egyptian Industries, said yesterday that 200 thousand packs of cigarettes hidden by traders in the areas of al-Basateen, Matariya, Bab al-Bahr, Tanta, Alexandria, Sayyida Zeinab, and several other places were seized as part of intensive campaigns by the Ministry of Interior to combat the greed of traders in hiding cigarettes
He praised the role of the General Directorate of supply investigations in spreading and organizing intensive campaigns to try to reduce the crisis of randomness in the cigarette market, and work to combat the greed of merchants
He added in a comment sent to Al-Mal , that the division calls on all consumers to report any supermarket or cigarette outlet that sells at prices higher than the official price specified by barcode
Selling cigarettes at the official price at gas stations
The head of the smoke Division confirmed that he submitted a proposal to the attorney general to put those seizures of cigarettes at gasoline stations to sell them at the official price to solve the crisis of the disappearance of cigarettes
Philip Morris Egypt has decided to raise cigarette prices starting from July 17, as the price of Marlboro and Merritt cigarettes was raised by about 5 pounds, and LM by an increase of 3 pounds
A publication issued by Philip Morris Egypt, the money arrived, revealed the details of the increase in cigarette prices, as Merritt cigarettes registered after the increase of 64 pounds, Marlboro 59 pounds, and l & m 42 pounds
Cleopatra is officially 24
The eastern company had announced that the prices of its products are fixed and have not changed since the last increase in March 2023, stressing that the prices of all its products are 24 pounds per pack( 20 cigarettes), including the most demanded Cleopatra in the markets
In an official statement, the company called on traders and workers in the cigarette market to adhere to the official prices and not to increase them because this puts the sales official under penalty of tax evasion, and the company appeals to the masses of consumers to use the QR code feature to confirm the official prices before buying, as the company has committed to printing the price code on all its products to make it easier for consumers to identify the current price of products
Hani Aman, CEO and managing director of the Oriental company, denied moving the prices of cigarettes, stressing that the prices have not changed since March 2023, pointing out that the products are available in the markets according to the natural needs of the market, and explained that there are new ideas being studied by the company for implementation during the coming period to help the concerned devices and
Source : Pulse location
