Egypt: We produce 90% of sugar and the strategic stockpile exceeds 3 months, according to the Supply Minister
Sugar
Egypt
Published Jan 8, 2023
Tridge summary
Dr. Ali Al-Moselhi, Minister of Supply and Internal Trade, confirmed that the strategic reserve of sugar exceeds three months, and that Egypt’s production of sugar reaches 90% of consumption, pointing out that the strategic reserve of sugar will increase, in light of the continuation of the cane crop supply operations, and the start of the sugar harvest season.
Original content
Sugar beet harvest next February. The Minister of Supply and Internal Trade indicated that the price of a ton of cane was raised this season by 290 pounds to reach 1100 pounds, compared to 810 pounds last season. Supply rates, especially after the high cost of production inputs and international prices, stressing that these prices achieve a balance between the cost of production and making a profitable profit for farmers. The harvest season began at the end of last December until today, Saturday, January 7, 2023, through ...
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