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Egypt's SIIC says buys 35,000/T sugar

CAIRO : Egypt 's state-owned Sugar and Integrated Industries Company (SIIC) said on Monday it has bought 30,000 tonnes
Published September 19, 2011

sugarCAIRO: Egypt's state-owned Sugar and Integrated Industries Company (SIIC) said on Monday it has bought 30,000 tonnes of raw sugar for October shipment.

The sugar was purchased from Vitol at the price of $745.75 a tonne, on a cost, insurance and freight (CIF) basis, a company official said.

"The purchase was made one day after our previous announcement of 35,000 tonnes," the official said.

Egypt's SIIC had said it bought 35,000 tonnes from Bunge at $747 a tonne CIF on Sept. 14.

 

Copyright Reuters, 2011

 

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