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Global sugar prices fell today, and the ton recorded 552 dollars

تراجع أسعار السكر عالميا اليوم.. والطن يسجل 552 دولاراً
This news article has been translated to English.
Sugar
Egypt
Price Trend
Supply Yield / Stock Quantity
Jun 22, 2022
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White sugar prices globally declined by 1.25% during trading today, Wednesday, 22nd of this June, and the price of a ton recorded 552.60 dollars, after the sugar exchange started trading at 558 dollars, after a previous close at 559 dollars. From the tension and confusion due to the Russian-Ukrainian crisis, the increase in inflation, in addition to the impact of the Federal Reserve’s decisions to raise the interest rate, and the fear of lack of supplies. On the local level, the Ministry of Supply and Internal Trade confirmed the existence of a good strategic reserve of all strategic goods, and white sugar, and that the gap had been reduced Between local production and consumption in a large way, and achieving self-sufficiency in sugar by almost 90%, and that work is underway to achieve complete self-sufficiency at 100%. EGP per kilo, due to the increase in local production and the achievement of self-sufficiency by 90%. It is worth mentioning that Dr. Ali Al-Moselhy, Minister of ...
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