Egypt is studying the possibility of trading sugar on its commodity exchange to improve governance, transparency, and price stability, according to a statement from the Ministry of Supply and Internal Trade on Sunday. The officials met to coordinate a strategy for the sugar industry aimed at strengthening self-sufficiency in strategic commodities and securing the local market on a sustainable basis. Sherif Farouk stated that the sugar industry is a priority strategic file for the state due to its direct impact on food security. The Ministry of Agriculture is prioritising sugar beet and sugar cane by expanding cultivated areas and providing farmers with high-yield seeds and modern agricultural practices, according to Agriculture Minister Alaa Farouk. The meeting reviewed the current status of the industry and the challenges facing the system from agriculture through to distribution.

Source: Daily News Egypt February 01, 2026 18:59 UTC