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Ali Kamel Saoudi, deputy director of the Smoke Division in the Chambers of Commerce, said that wholesalers will commit to the prescribed price of the factory’s cigarettes after yesterday announcing the price increase by the Egyptian producing company.
In a special statement for “The Seventh Day”, Kamel noted that some retailers put a markup equal to 1 pound per package, in some newsstands and small stores, which means that the price of the package if 33 will be sold to the El consumer is 34 pounds, explaining that the cigarettes that have risen in price are those that have only risen, but the rest of the prices are fixed.
Philip Morris – Egypt has announced the new price list for several products of the MARLBORO, L&M and MERIT brands, in order to help support the efforts of the regulatory agencies to control the markets and prevent any exploitation of adult smokers.
MARLBORO of all types (Red, Gold, Purple Mix) 44 pounds.
MERIT all kinds 48 lbs.
L&M of all types (red, blue, silver, front) 33 lbs.
No increase in sales prices for “Marlboro Crafts” and “LM Motion” brands
MARLBORO CRAFTED (Red, Gold) 36 lbs.
L&M MOVEMENT of all kinds (red, blue) 28 lbs.
The company warns traders not to stick to the new prices.