Egypt has strategic sugar reserves sufficient until Jan-Feb - official

Egypt has strategic sugar reserves sufficient until January-February, a senior supply ministry official told local television on Saturday.

An agriculture ministry official told Reuters this month that the North African country expects to produce 2.85 million tonnes of sugar locally this season - covering around 90% of the country's needs.

Egypt's cooking oil reserves are enough for five months and its rice reserves are enough for three and a half months, said Ibrahim Ashmawy, the head of the internal trade development authority.

(Reuters)