Wood prices in Egypt today, Tuesday 1-24-2023.. decreased due to recession

Wood prices in Egypt today, Tuesday 1-24-2023.. decreased due to recession
Wood prices in Egypt today, Tuesday 1-24-2023.. decreased due to recession
-

Today, Tuesday 1-24-2023, wood prices in Egypt witnessed a decline in prices of 500 pounds per meter of wood of all kinds, amid complete stagnation of consumers in the purchase process as a result of the increase in wood prices, which doubled compared to last year.

Wood prices in Egypt today, Tuesday 1-24-2023.

The prices of a meter of Swedish wood ranged from 11 thousand to 12.5 thousand pounds, according to the raw materials, thicknesses, and grades required by consumers.

Wood prices in Egypt today, Tuesday 1-24-2023.

The price per meter of white wood reached 10 thousand pounds, compared to 10.5 thousand pounds per meter, according to the thicknesses required for consumers.

Wood prices in Egypt today, Tuesday 1-24-2023.

The price of beech wood ranged from 17,000 to 27,000 pounds, according to the thickness and grade required of citizens.

Wood prices in Egypt today, Tuesday 1-24-2023.

The prices of oak wood ranged from 42 to 50 thousand pounds, according to the thickness and the degree required of citizens.

--

Wood prices in Egypt today, Tuesday 1-24-2023.

-

The prices of smooth plywood in all its factories, which start from Factory 7 to 14, have decreased at a value of 30 pounds per plank, so that the price of a smooth plywood in Factory 14 is about 270 pounds instead of 300 pounds.

Wood prices in Egypt today, Tuesday 1-24-2023.

The prices of fiber plywood start from 200 to 900 pounds, depending on the grade and thickness available.

Wood prices in Egypt today, Tuesday 1-24-2023.

For his part, Ahmed Abu Al-Haj Ahmed, a wood merchant, said that the decline in wood prices in Egypt is a result of the complete stagnation of consumers in buying wood and furniture, pointing out that the stagnation ranges from 60 to 70% as a result of the instability of wood prices and their high prices due to the movement of the dollar. against the Egyptian pound.

Wood prices in Egypt today, Tuesday 1-24-2023.

He added, in exclusive statements to Al-Mal, that prices doubled in one year, pointing out that there are 3 factors that determine the price of wood: the price of crude in the country of origin, the price of the Egyptian currency against the dollar, and the profit margin added by the importer.

-

--

PREV Netcracker wins four awards in the field of transforming network architecture
NEXT Great dreams do not die.. 12 years since spring | Articles and studies