Egypt: The price of sugar increased by 100 pounds in the local market today

The price of a ton of white sugar increased today, Monday, May 23, 2022, at wholesalers in the local market, and glucose prices increased, while food starch continued to remain stable, at the same price value. The Ministry of Supply and Internal Trade confirmed the existence of a good strategic reserve of all strategic commodities, and of sugar Al-Obeid explained that the gap between local production and consumption has been significantly reduced, and self-sufficiency in sugar has been achieved by approximately 90%, and that work is underway to achieve 100% self-sufficiency. The Ministry continues to produce white sugar locally from sugar crops, cane and beets through national factories . Read also: The Ministry of Supply has contracted to import 100,000 tons of raw sugar Sugar prices drop by about 100 pounds per ton in the local market today As for the global markets, the “raw” sugar futures prices witnessed an increase, in the morning ...