Bloomberg News

Egypt Said to Buy 50,000 Tons of Raw Sugar in Sept. 2 Tender

September 05, 2012

Egypt’s state-owned Sugar and Integrated Industries Co. bought 50,000 metric tons of raw sugar in a tender Sept. 2, according to two people with direct knowledge of the process.

The company paid $481.50 a ton including insurance and freight, said the people, who declined to be identified because they are not authorized to speak to the media.

To contact the reporters on this story: Isis Almeida in London at Ialmeida3@bloomberg.net Ola Galal in Cairo at ogalal@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at Ccarpenter2@bloomberg.net.


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