Egypt buys 6-month wheat supply

14 Jun 2012

(MENAFN) Egypt’s General Authority for Supply Commodities (GASC) said it had purchased six months’ supply of wheat from local and international sources, Reuters reported.

The state wheat buyer also unveiled plans to issue new international wheat tender for delivery in the start of August.

Nomani Nomani, vice chairman of GASC said purchases from domestic sources would continue “until the last farmer’s grain”.

Supplies had reached 3.18 million tonnes by June 12 compared to 2.4 million a year earlier, the official said, adding that the purchases could extend beyond July 31.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more