Al-Sharqiya Al-Smok revealed the official cigarette prices, after there were increases in cigarette prices due to the actions of some merchants.
The company announced the stabilization of the prices of cigarettes and all its products after raising the prices of two types of cigarettes of the company's products, by about two pounds.
Today, Philip Morris announced the lifting of its cigarette products by 5 pounds for Marlboro and Merritt and 3 pounds for LM
Alsharqiya-eastern company explained that the price of a pack of cigarettes of both Viceroy and pal money pack (20) was raised to 35 pounds, an increase of two pounds on 8-4-2023.
The company's Board of Directors approved the new price list for the consumer price on the first of April, as the eastern company raised the prices of all its products from cigarettes, cigars, honey, pipe smoke and hair.
In televised remarks, Hani Aman, managing director and chairman of the board of Directors of the eastern smoke company, denied a new increase in cigarette prices.The head of Asharqiya smoke said that the cigarette sector has not raised prices, adding that the prices are the same and we sell to traders at the same official price everywhere in Egypt.Aman explained that the price of Cleopatra cigarettes and all types is 25 pounds, pointing out that there is a black market for cigarettes, and the price of a pack reached 40 pounds.
Hani Aman, chairman of the board of Directors of the eastern smoke company, added that at this time of year, traders expect higher prices for cigarettes, and therefore raised prices in anticipation of any increase, and this is abnormal.
The increase for cigarettes ranged from two pounds to 3 pounds per pack, after the last increase approved in April 2023
Source : Echo Country website
