{"id":597220,"date":"2019-07-18T04:21:41","date_gmt":"2019-07-18T04:21:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/"},"modified":"2019-07-18T04:21:41","modified_gmt":"2019-07-18T04:21:41","slug":"govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/","title":{"rendered":"Gov\u2019t to purchase 75-80k tonnes from sugar producers to clear market oversupply"},"content":{"rendered":"<p>The Supply Ministry could purchase between 75-80k tonnes of sugar from sugar beet producers to help them clear off stacked inventories, <a href=\"https:\/\/www.alborsaanews.com\/2019\/07\/17\/1226312\">ministry sources told the press<\/a>. The ministry is currently in talks with state-owned Dakahlia Sugar & Refining, El Nubaria for Sugar Refining, and Delta Sugar Company to purchase the sugar at EGP 7,000, a discount from the market price of EGP 7,250 per tonne.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supply Ministry could purchase between 75-80k tonnes of sugar from sugar beet producers to help them clear off stacked inventories, ministry sources told the press. The ministry is currently in talks with state-owned Dakahlia Sugar &#038; Refining, El Nubaria for Sugar Refining, and Delta Sugar Company to purchase the sugar at EGP 7,000, a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9309],"tags":[97,2416,317,72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597220","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-agriculture","tag-basic-materials-commodities","tag-commodities","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"d82a0223-441e-48b2-bab9-bc7b4c8466d4","is_powered_by":true,"section_story_id":"bafe7368-de0a-4d87-9188-726dd3d69c4b","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597188],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t to purchase 75-80k tonnes from sugar producers to clear market oversupply - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t to purchase 75-80k tonnes from sugar producers to clear market oversupply\" \/>\n<meta property=\"og:description\" content=\"The Supply Ministry could purchase between 75-80k tonnes of sugar from sugar beet producers to help them clear off stacked inventories, ministry sources told the press. The ministry is currently in talks with state-owned Dakahlia Sugar &amp; Refining, El Nubaria for Sugar Refining, and Delta Sugar Company to purchase the sugar at EGP 7,000, a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-18T04:21:41+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t to purchase 75-80k tonnes from sugar producers to clear market oversupply\",\"datePublished\":\"2019-07-18T04:21:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/\"},\"wordCount\":77,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"agriculture\",\"Basic Materials + Commodities\",\"commodities\",\"EnterpriseAM\",\"Manufacturing\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/18\/govt-to-purchase-75-80k-tonnes-from-sugar-producers-to-clear-market-oversupply\/\",\"name\":\"Gov\u2019t to purchase 75-80k tonnes from sugar producers to clear market oversupply - 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Farmers are urging the government to protect the local market by either imposing protectionist tariffs on sugar or placing limits on quantities of imported\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573144,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/21\/egypt-to-import-up-to-700k-tonnes-of-sugar-in-fy-2020-2021\/","url_meta":{"origin":597220,"position":1},"title":"Egypt to import up to 700k tonnes of sugar in FY 2020-2021","author":"enterpriseam admin","date":"21 July 2020","format":false,"excerpt":"Egypt is planning to import between 600k and 700k tonnes of sugar this fiscal year, Reutersreports, quoting an Agriculture Ministry official. The country produced a record 2.48 mn tonnes of sugar last harvest season, but reports suggested last year that the cultivated area of sugar beet could fall between 33-50%\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569339,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-strategic-reserves-of-wheat-sugar-to-last-around-5-months\/","url_meta":{"origin":597220,"position":2},"title":"Egypt\u2019s strategic reserves of wheat, sugar to last around 5 months","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"Egypt has strategic reserves of wheat that would last 4.7 months and sugar that would last 5.3 months, Supply Minister Ali El Moselhy told MENA, according to Reuters. El Moselhy added that Egypt is aiming to procure 4 mn tonnes of wheat in the next season that starts on April\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597739,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/al-ghurair-signs-egp-5-bn-worth-of-agreements-for-sugar-beet-processing-facility\/","url_meta":{"origin":597220,"position":3},"title":"Al Ghurair signs EGP 5 bn-worth of agreements for sugar beet processing facility","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"Al Ghurair Group signed three agreements worth a combined EGP 5 bn for its USD 1 bn sugar factory in Minya last week, according to an Investment Ministry statement (pdf). The agreements include a contract with China\u2019s Sinoma CDI to construct the facility by 2021, a contract with Elsewedy Electric\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597375,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/sugar-crop-production-rises-320k-tonnes-y-o-y-to-hit-record-levels\/","url_meta":{"origin":597220,"position":4},"title":"Sugar crop production rises 320k tonnes y-o-y to hit record levels","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"Egypt produces a record 2.48 mn tonnes of sugar crop this season, marking an increase of some 320,500 tonnes y-o-y, Agriculture Minister Ezz El-Din Abu Steit said in a statement on Monday. Around 248,200 feddans of sugar cane were cultivated, while 584,580 feddans of sugar beet were cultivated. 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