How Egypt Resolved the Sugar Crisis: Updates and Future Outlook for Sugar Availability in the Markets

2023-12-24 21:18:00

11:18 PM Sunday, December 24, 2023

Written by Dalia Al-Dhanini:
Hazem El Menoufi, a member of the General Foodstuffs Division at the Federation of Chambers of Commerce, announced the end of the sugar crisis, noting that it was available in the markets by 75%.

He added during his meeting with the journalist Ahmed Moussa, via the program “On My Responsibility” broadcast on Sada El Balad channel, on Sunday evening, that it is necessary to monitor the markets and control the movement in them to monitor prices and not manipulate them and influence the Egyptian citizen, pointing out that all goods are available in the markets and there is no shortage of them.

A member of the General Foodstuff Division of the Federation of Chambers of Commerce confirmed that starting from January of next year 2024, sugar prices will witness a noticeable decline, and this comes with the start of the sugarcane harvest season and then the beet harvest season next February, indicating that there is no crisis in providing sugar. Goods.

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