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Egypt's General Authority For Supply Commodities is believed to have purchased 175,000 tons of wheat, through private talks with importers, making it the first Ukrainian wheat purchase since the start of Russia's war on Ukraine.
Sugar prices have recently witnessed a record rise in Egypt despite the country’s opening of the largest sugar production plant earlier this year.
Ibrahim Ashmawy, Egypt's Deputy Supply And Internal Trade Minister, said the country's wheat reserves are sufficient for more than five months of consumption, Nasdaq reported.
Euronext wheat fell on Thursday as front-month futures reversed export-fuelled gains and an Egyptian import purchase reported by traders shifted attention back to competitive Black Sea supplies,...
Egypt's state grains buyer said on Saturday it was seeking vegetable oils in an international purchasing tender for arrival Jan. 10-31, 2023....