The Ministry of Supply in Egypt begins the local sugar production season in mid-January

Sugar

Egypt

Published Dec 30, 2022

Tridge summary

The local sugar production season will start in mid-January, and the Ministry of Supply aims to achieve complete self-sufficiency this season, after achieving 90% of it last season. The Supreme Committee for Sugar, the prices for the supply of sugar crops for this season are 1100 pounds per ton of cane, and 1000 pounds per ton of beet, with the continuation of incentives for farmers, in order to encourage them to grow these important crops.

Original content

The Ministry of Supply and Internal Trade, represented by the Sugar and Integrated Industries Company, seeks to produce About 1.1 million tons of sugar through the new season, as it is intended this season to supply about 8 million tons of sugar cane to produce from 850 to 900 thousand tons of sugar, and to produce about 150 tons of sugar from beets. The Ministry of Supply and Internal Trade is working to reduce The gap between production and local consumption of this strategic commodity, due to the increase in the areas cultivated with sugar cane and beets this season, which promises abundant production of sugar this season, and then the stability of its prices in the local market. It is worth noting that the Ministry of Education Supply and Internal Trade has developed and modernized its factories dedicated to producing local sugar, to increase production capacity over the previous period, within the framework of the state's drive towards deepening national industrialization, ...

Source: Akhbarelyom