Urgent.. the price of sugar today.. 500 pounds decreased per ton in the markets

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The price of sugar has declined today, amid the great joy of the citizens, especially since it is one of the basic commodities indispensable to one Egyptian household. The Chamber of Food Industries attributed the reason for the decline to the intervention of Ministryof Supply And inject loads of sugar.

sugar price today

For his part, Hassan El-Fandi, a member of the Chamber of Food Industries, said that the price of a ton of white sugar decreased during the last period between 400 and 500 pounds per ton, and the price of a ton currently ranges between 10,400 and 10,500 pounds, compared to 11,000 pounds per ton last October.

Al-Fendi explained the reason for the drop in prices due to the intervention of the Ministry of Supply and pumping quantities of white sugar into the markets, which led to an increase in supply and a decline in prices in the markets, causing sugar prices to drop again after they had risen during the past week.

The volume of Egypt’s consumption of sugar is between 3 and 3.2 million tons annually, of which 2.4 million tons are domestic production.



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