Egypt said to buy around 50,000 metric tons raw sugar in tender – traders

Reuters

The sugar was bought for arrival in Egypt in 2024 between Jan. 11 and Jan. 26

Michael Hogan and Sarah El Safty, Reuters News

November 20, 2023

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HAMBURG - Egyptian state buyer Egyptian Sugar and Integrated Industries Co. (ESIIC) is believed to have purchased around 50,000 metric tons of raw sugar in an international tender which closed on Saturday, traders said on Monday.

It was said to have been bought from trading house Viterra at an estimated $668 a metric ton CIF free out.

The sugar was bought for arrival in Egypt in 2024 between Jan. 11 and Jan. 26, they said.

(Reporting by Michael Hogan in Hamburg and Sarah El Safty in Cairo )

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