CEC: Egypt needs more fertiliser for local market

Country needs more fertiliser between April and June

Egypt faces a shortage of fertiliser.
Egypt faces a shortage of fertiliser.

Egypt’s Chemical Export Council has formally requested that the country's minister of industry and trade to specify that 25% of locally-produced fertiliser is to be allocated for domestic use, local media has reported.

The Council urged minister Dr Samir al-Sayad to issue a memo obliging companies to offer more fertiliser for local markets in the period between April and June, as demand soars in this period, leading to shortages.

The Council also requested that al-Sayad provides new licenses to establish new fertiliser projects in the country to meet the increasing local demand, and to allocate gas feedstock at international prices to increase the government’s revenue to add value for the local economy.

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