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Elham AbolFateh

Egypt

Egypt cancels sugar raw tender

Monday 20/March/2017 - 05:39 PM
Sada El Balad
By Alaa Turki

The Egyptian Sugar and Integrated Industries company has canceled a tender to buy raw sugar، traders said on Monday.

The lowest price at the tender، $ 447 per ton، came from Louis Dreyfus including insurance and freight costs.

The state-owned company ordered 50،000 tons of raw sugar for delivery in May.

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