CAIRO: Egypt has contracts to buy 850,000 tonnes of sugar so far this year, covering the nation's needs through January, a statement from the Supply Ministry said on Tuesday.
The statement did not say when the sugar purchases were made, but traders said a total of 750,000 tonnes of sugar had been booked through state buyers since about February.
The ministry statement said Egypt had so far received 350,000 tonnes from the orders.
Egypt typically consumes about 3 million tonnes of sugar a year but produces a little more than 2 million tonnes. The gap is filled by government and private imports, usually purchased between July and October.
Egypt's state buyer ESIIC is set to hold a purchase tender on Tuesday for 50,000 tonnes of raw sugar for November arrival.
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