2023-11-22 12:11:00
Written by Medhat Wahba Wednesday, November 22, 2023 02:11 PM Dr. Ali Al-Moselhi confirmed Minister of Supply and Internal TradeHe said that Egypt does not suffer from crises in sugar production, attributing the crisis to some practices in distribution and circulation, pointing out that the crisis of rising free sugar prices will end within a week, following receiving quantities of imported raw sugar in refinery factories, in preparation for putting it into outlets.
Egypt received 170 thousand tons Imported raw sugar It was recently contracted for, including 150,000 tons in the refinery factories in Hawamdiya to produce white sugar, and the other quantity is 20,000 tons to be refined in the Jarga and Qus factories of the Holding Company for Food Industries.
Ahmed Kamal, the official spokesman and assistant minister, said that the strategic reserve is… Ration sugar It is enough until April 2024, and 65 thousand tons of sugar are pumped monthly on ration cards. The cane harvest will begin during next January and beets during February 2024, and the quantities that are imported to bridge the gap between production and consumption reach 450 thousand tons annually.
He pointed out that the refining plant of the Sugar and Integrated Industries Company in Hawamdiya received 150,000 tons of raw sugar for refining and meeting the needs of the local market, and the quantities that are produced of raw sugar are distributed to production companies and beet factories, in addition to the Egyptian and General Wholesale Trade Companies, in addition to To offer sugar on the Egyptian Commodity Exchange platform at a price of 24 thousand pounds per ton, so that they forget to offer it to consumers at a price of 27 pounds per kilo in showrooms, outlets and chains participating in the initiative to reduce commodity prices, and that the quantities of sugar that companies receive are subject to the supervision of the Supply Directorate in each governorate through a resident inspector. In each packing or distribution factory, this is to follow up on the quantities delivered and the packaging locations and ensure that they are offered at the 3,000 price reduction initiative outlets nationwide at a price of 27 pounds per kilo.
For his part, chemist Alaa Youssef, head of the refining plant sectors, said: Sugar company Integrated Industries, one of the holding companies for food industries in the Ministry of Supply and Internal Trade, said that the total quantities of imported sugar contracted by the state during the fiscal year 2023/2024 amounted to 320 thousand tons out of the total quantities that will be imported during the year, which amounts to 450 thousand tons.
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