The supply of cane crop in Egypt reaches 3.2 million tons and the production of 310 thousand tons of sugar since the end of last December

Published 2023년 2월 20일

Tridge summary

The article reports on the sugar production in Egypt, highlighting that the season has yielded 3.2 million tons of cane, leading to the production of 310 thousand tons of sugar, with an increased price of cane this season to encourage farmers to increase supply. The government is ensuring payment to farmers within 15 days of supply and has set up 'Welcome Ramadan' branches and mobile cars loaded with food commodities to provide goods at reduced prices to the public. The ministry is also working towards ensuring the availability of strategic food reserves and adherence to announced discounts at 'Welcome Ramadan' exhibitions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The rates of supply of the cane crop from farmers amounted to 3 million and 200 thousand tons of cane.. This was confirmed by the Sugar and Complementary Industries Company affiliated to the Holding Company for Food Industries at the Ministry of Supply, noting that the season began at the end of last December and until yesterday, about 310 thousand tons of sugar were produced from the quantities that It was supplied by farmers and is being refined, packaged and supplied to the Holding Company for Food Industries, which will in turn put it in the stores of the Egyptian wholesale and general companies for wholesale trade, with the aim of distributing it to the supply outlets. For his part, Dr. Ali Al-Moselhy, Minister of Supply and Internal Trade, said that the price of a ton of cane was raised this season by 290 pounds to reach 1100 pounds, compared to 810 pounds last season, following the directives of President Abdel Fattah El-Sisi, with the aim of encouraging ...
Source: Soutalomma

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