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The Ministry of Supply and Internal Trade aims to receive 8 million tons of sugar cane, at a value of 8.8 billion pounds, during 2023 in Egypt

Sugar Beet
Sugarcane
Egypt
Published Dec 23, 2022

Tridge summary

The Ministry of Supply and Internal Trade is intensifying its preparations to receive the sugar cane supply season in mid-January, as it aims to receive about 8 million tons of cane from farmers, at a financial cost of 8 billion and 800 million pounds, compared to 6 billion and 885 million pounds, an increase of 1 billion and 900 million. EGP from last season, an increase of 21.8%, to produce about 1.1 million tons of sugar, of which 900,000 cane and 150,000 beet.

Original content

The Ministry of Supply and Internal Trade is intensifying its preparations to receive the sugar cane supply season in mid-January, as it aims to receive about 8 million tons of cane from farmers, at a financial cost of 8 billion and 800 million pounds, compared to 6 billion and 885 million pounds, an increase of 1 billion and 900 million. EGP compared to last season, an increase of 21.8%, to produce about 1.1 million tons of sugar, of which 900 thousand are from cane, and 150 thousand from beets. Yesterday, Wednesday, the Ministry of Supply decided to raise the price of supplying the cane crop in the new season to 1,100 pounds per ton, compared to 810 pounds last season, after agreement with the Ministry of Agriculture, the leader of the parliamentary majority in the House of Representatives Ashraf Rashad, and the Chairman of the Agriculture and Irrigation Committee in the House of Representatives, Major General Hisham Al-Hosari. Major General Issam Al-Budaiwi, head of the Sugar ...
Source: Almalnews
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