Egypt: Sugar prices today, Monday 2-1-2023

Published 2023년 1월 2일

Tridge summary

Sugar prices in Egypt's local market have increased by approximately 200 pounds per ton, with the price of white sugar now at 17,500 pounds and glucose sugar at 17,700 pounds. Despite this, the consumer price per kilo has remained stable, ranging from 14 to 20 pounds. The Minister of Supply and Internal Trade, Dr. Ali Al-Moselhi, has stated that the strategic sugar reserve can support the country for three months, and the season for supplying sugarcane from farmers to the government is due to begin in the first half of January. The Ministry has included sugar as one of the commodities on the supply list, priced at 10.5 pounds per kilo.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sugar prices witnessed today, Monday 1-2-2023 in Egypt, an increase in the price of delivery of a ton from wholesalers to retail trade in the local market, by about 200 pounds, with stability in the movement of trading the price of one kilo for consumers. As the price of a ton of white sugar rose to 17,500 pounds, instead of 17,200 pounds, while the price of a ton of glucose sugar reached 17,700 pounds, instead of 17,500 pounds. Sugar prices have stabilized for consumers in food stores, where the price per kilo ranges from 14 to 20 pounds. Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, said in previous press statements that the strategic reserve of sugar is sufficient for 3 months, while the ...

Source: Almalnews