SIIC Buys 100,000 Metric Tons of Raw Sugar From Vitol, Bunge

Sugar and Integrated Industries Co., an Egyptian state-run food company, bought a total of 100,000 metric tons of raw sugar for arrival in January and February, Hussein Ahmed, a company purchasing manager, said.

The company, also known as SIIC, purchased a 50,000-metric ton cargo from Vitol SA and a similar amount from Bunge Ltd., both at $614.30 a ton, including insurance and freight, Ahmed said by phone in Cairo.

To contact the reporter on this story: Ola Galal at

To contact the editor responsible for this story: Claudia Carpenter at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.