The loan will enable SOGUIPAH to restart palm oil production, resume raw material purchasing, and enhance logistics operations, helping to stabilize the supply chain from farmers to markets.
Industry sources attribute the decline primarily to ample inventories in Indian ports and warehouses, which hold over 1.2 million tonnes of edible oils, reducing the urgency for fresh imports.
This robust top-line growth was driven by volume expansion and strength in the edible oils and industry essentials segments.
Despite this progress, the output remains insufficient to meet the country’s burgeoning domestic demand for palm oil, underscoring a persistent supply-demand imbalance.
This decline in revenue reflects a broader slowdown in consumer demand and possibly increased competition in Egypt’s food processing sector.