Sugar and glucose prices fell in the Egyptian markets today

Published 2022년 6월 29일

Tridge summary

Sugar and glucose prices have dropped at the wholesale level in Egypt's local market, following a period of stability. The country's Minister of Supply and Internal Trade, Al-Moselhi, confirmed that Egypt is self-sufficient in sugar and announced a sufficient strategic reserve of sugar, lasting 6.7 months. The price of a ton of white sugar has decreased by 50 pounds, now at 11,900 pounds, and glucose prices have dropped by 200 pounds to 14,300 pounds per ton. The consumer price of sugar per kilo is approximately 13.5 pounds.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sugar prices fell today, Wednesday, 29-6-2022, at wholesalers in the local market, and glucose prices fell, after a deep stability that lasted for more than a week. While the price of a ton of food starch stabilized at the same low levels recorded last week. Al-Moselhi, Minister of Supply and Internal Trade, stated that Egypt is self-sufficient in sugar, pointing out that the season of sugar cane supply begins next January, as well as the supply of the beet crop begins next February. Read also: White sugar prices are down 100 pounds per ton today in the local market Sugar prices are down 150 pounds per ton today in the local market Al-Moselhi added, during a press conference at the ministry’s headquarters, last Sunday, that the strategic reserve of sugar amounts to 6.7 months, confirming the availability of reserves of other strategic commodities. The price of a ton of white sugar decreased by 50 pounds, ...
Source: Amwalalghad

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.