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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 Updated September 19, 2011 08:17am

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