On October 6, 2026, the Egyptian oil market experienced a mix of price drops and increases. According to the government portal for local and global commodity prices, the average price of a liter of sunflower oil decreased by 5 pounds to 98 pounds. The prices of sunflower oil ranged from 60 to 121 pounds per liter. This fluctuation is part of the regular market dynamics that affect the prices of essential goods.
The prices of sunflower oil, specifically the "slight" variant, also saw a decrease. The average price of a liter of slight sunflower oil dropped by 1.5 pounds to 102 pounds. The prices of this variant ranged from 76 to 125 pounds per liter. These changes reflect the ongoing adjustments in the market in response to various factors, including supply and demand.
Corn oil prices also experienced a decline. The average price of corn oil decreased by 2 pounds to 119 pounds per liter. The prices of corn oil ranged from 90 to 145 pounds per liter. This decrease is part of the broader trend of price fluctuations in the oil market.
However, not all types of oil saw a decrease in price. The average price of crystal corn oil increased by 1 pound to 124 pounds per liter. The prices of crystal corn oil ranged from 90 to 145 pounds per liter. This increase is a notable exception to the overall trend of price decreases in the oil market.
In addition to the fluctuations in the open market, the Egyptian government has been working to stabilize prices through the distribution of subsidized oil. Since December 2025, the government has been offering a new 1.5-liter package of subsidized oil at 56 pounds. This initiative aims to provide affordable options for citizens and help mitigate the impact of price fluctuations.
The government has also continued to provide other subsidized oil options, including an 800ml package at 30 pounds and a 700ml package at 27 pounds. These offerings are designed to cater to different consumer needs and provide a range of affordable choices. By maintaining a variety of subsidized options, the government seeks to support low-income households and ensure food security.
The price fluctuations in the oil market are closely monitored by consumers and policymakers alike. As the market continues to adjust to various factors, the government remains committed to ensuring the availability and affordability of essential goods. The ongoing efforts to stabilize prices and provide subsidized options are crucial in supporting the well-being of Egyptian citizens.
Key points
- The Egyptian oil market experienced price fluctuations on October 6, 2026, with some types decreasing and others increasing.
- The government continues to offer subsidized oil options to support low-income households and ensure food security.
- The average price of sunflower oil decreased by 5 pounds to 98 pounds per liter, while crystal corn oil increased by 1 pound to 124 pounds per liter.