Supply: Sugar stock in Egypt exceeds 6 months and production enhances strategic reserves

Published 2022년 6월 18일

Tridge summary

The Ministry of Supply and Internal Trade in Egypt has announced that Delta Sugar will continue producing local sugar from beet crops, with the company receiving the crop from farmers and providing incentives. The Minister of Supply and Internal Trade has directed other sugar beet companies to receive beet crops from farmers until the end of the harvest season and pay their dues promptly. Delta Sugar has received nearly 1.87 million tons of beet and produced nearly 252 thousand tons of loose white sugar. The company's factory in Kafr El-Sheikh Governorate is receiving beet crops to produce local sugar and has produced molasses and beet pulp. The factory has been modernized and now operates at a capacity of 20 thousand tons of beets per day, producing over 3 thousand tons of sugar per day.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Ministry of Supply and Internal Trade confirmed that Delta Sugar will continue to produce local sugar from the beet crop, as the company receives the crop from farmers, and it disburses many incentives, the latest of which is an additional premium of 75 pounds for each ton, and the delivery is done on organized schedules to prevent overcrowding. Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, directed sugar beet companies to continue receiving the beet crop from farmers until the end of the harvest season and paying their dues as soon as possible, and the regularity of local sugar production and offering it to citizens, whether through outlets of consumer complexes or ration cards as well as in the markets, pointing out The sugar stock has increased for more than 6 months. The Minister of Supply also confirmed that the production of local sugar from beets and cane will enhance the strategic stock of the sugar commodity to suffice the country’s needs for long periods ...
Source: Akhbarelyom

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