10:03 PM Tuesday, November 14, 2023
Dalia Al-Dhanini wrote:
Hani Aman, CEO and Managing Director of Eastern Tobacco Company, commented on the reasons for the rise in cigarette prices in the markets during the recent period.
Aman added, during a telephone conversation with the journalist Sayed Ali, on the “Hazrat Al-Muwatin” program, broadcast on the “Al-Hadath Al-Youm” channel, on Tuesday evening: Negative practices on the part of consumers and merchants are one of the main reasons for the rise in cigarette prices, explaining that merchants monopolize the commodity. Certain goods in order to increase their price, and when they find a rise in the price of a commodity other than the one they own, they complain about the high prices and demand a reduction in the price of the goods, commenting: If everyone practiced the normal practice regarding any product, there would never be a problem.
Aman added: The price of Cleopatra cigarettes ranges between 24 and 27 pounds only, and this is after the high prices, noting that other companies set their prices today and it turned out that they are much cheaper than the prices being traded in the markets.
2023-11-14 20:03:00
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