Sugar trading on the commodity exchange was suspended in December 2023, followed later by corn and wheat, after the Ministry of Supply cited excessive speculation that disrupted markets and led to the cancellation of three wheat tenders.
Madbouly emphasized that the government has implemented measures regarding sugar imports, and several shipments have already begun arriving, ensuring a seamless supply of commodities to control the prices.
To encourage farmers to increase their supply rates, the ministry has set a target of supplying a total of 1.7 million tons of beets
