On-the-Ground Updates

Sugar Prices in Egypt Plummet in May-24 Due to Increased Imports and New Season Production

Sugarcane
Sugar
Egypt
Emad Kader
Published May 18, 2024
The price of sugar in Egypt decreased to USD 788.67 per metric ton (mt) on May 24, down from USD 1065.87/mt in Mar-24. This decline is due to a high volume of imports from various sources and the beginning of the new season for sugarcane, leading to increased manufacturing at sugar beet refinery factories.

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