Egypt buys 200,000 tons of Brazilian raw sugarAug, 30, 2021 Posted by Ruth Hollard
Egypt’s state grain buyer, GASC, stated on the 29th that it had contracted the purchase of 200,000 tons of Brazilian raw sugar on behalf of state sugar buyer ESIIC for October and November arrivals.
The chart below shows a history of Brazilian sugar exports to Egypt by semester starting in 2018. Data are from DataLiner:
Brazilian Sugar Exports (HS 1701) to Egypt by semester | Jan 2018 to June 2021 | WTMT
Louis Dreyfus will supply 100,000 tons of sugar, with Viterra supplying another 100,000 tons.
Egypt has five months of strategic sugar reserves, said the supply ministry.
Source: Money Times
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