Sugar Prices Stable on Wednesday
Today, sugar prices in the Egyptian market remained stable within a range of 35 to 40 Egyptian pounds per kilogram, due to a clear balance between supply and consumer demand. Packaged sugar was recorded at approximately 37.75 pounds per kilogram, while the subsidized sugar price remained steady at around 12.60 pounds per kilogram. The price of free-market sugar within the additional quotas stood at 28 pounds per kilogram. Additionally, the wholesale price of packaged sugar was around 29,600 pounds per ton, with sufficient availability of products and market equilibrium. This stability is the result of government efforts to control prices and increase supply, along with a focus on developing the sugar industry and maximizing the benefits from by-products to ensure economic sustainability.
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