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Thursday, 17 September 2020

Beheira and Sharqia to hold cotton auctions until 15 December 2020

A new cotton trading system was rolled out in Beheira and Sharqia on Tuesday, with public auctions due to be held across the two governorates until mid-December, the Public Enterprises Ministry in a statement. Sales will be restricted to government-designated collection centers where farmers go to directly auction their crops. The auctions began taking place last week in two other governorates, Fayoum and Beni Suef — the first time the private sector has participated in a state-run auction in the modern era.

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