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Egyptian commodity and material market trends

Updated 2 times since CLSTR started tracking revisions of this situation.

What changed

2026-10-26 10:52 UTC → 2026-10-26 20:38 UTC · added removed

Market reports from late October 2026 indicate fluctuating prices across various sectors in Egypt. In the agricultural and precious metals markets, vegetable and fruit prices at the Obour wholesale market showed mixed results, with increases in white onion, molokhia, and lemon prices, while zucchini, beans, and eggplant prices decreased. Simultaneously, silver prices experienced a notable decline, with 999 fine silver dropping approximately 20.15% since the start of 2026. In the construction sector, prices for essential materials also showed varied trends. Investment steel prices rose by approximately 1.3%, whereas Ezz Steel prices saw a decline. Additionally, gray cement prices experienced a slight decrease. Recent developments show the US Dollar surpassing the 56 EGP mark at several banks, including HSBC and Kouvait Finance House, with the Central Bank of Egypt recording an average selling rate of 55.89 EGP. This currency pressure coincides with rising domestic costs, such as the Ministry of Petroleum and Mineral Resources announcing new fuel prices: gasoline 95 increased to 24 EGP per liter and diesel rose to 20.5 EGP per liter. In local markets, white chicken averaged 84 EGP per kilo. In On October 26, 2026, the real estate sector, fluctuations in Egyptian pound faced further downward pressure as the exchange rate have heightened concerns regarding construction material costs, US dollar surpassed 56 EGP for the first time, with steel the National Bank of Egypt and CIB reporting selling prices above this threshold. Local reports attribute this depreciation to the outflow of ‘hot money’. This volatility impacted the Egyptian Exchange, where the main index dropped by 3.56%. Despite currency fluctuations, the Central Bank of Egypt reported that foreign exchange reserves reached a record 57.35 billion dollars in September. Meanwhile, the Saudi Riyal rose against the pound, reaching approximately 40,000 15.16 EGP per ton. at some institutions.

Versions

  1. 2026-10-26 20:38 UTC Egyptian commodity and material market trends
  2. 2026-10-26 10:52 UTC Egyptian commodity and material market trends
  3. 2026-10-25 22:34 UTC Egyptian commodity and material market trends

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