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Confectionary news

Egypt to pay $80 million above the market for wheat in 2018

As the world’s biggest wheat buyer, Egypt buys as much as 12 mln mt of the grain each year, but pays more than other importers due to its restrictions

Lowest offer at Egypt’s GASC wheat tender at $206.60/T

GASC is expected to announce the results of the tender, in which it is seeking wheat for shipment during March 12-22, later on Friday.

Egypt’s GASC seeks wheat for Jan. 21-31 shipment

Tenders should reach GASC by noon local time (1000 GMT) on Tuesday. The results should come out after 3:30 p.m.

Russia considers UAE, Egypt, Bahrain, Saudi Arabia as grain hub

We began this idea with Egypt, but as the decision there is delayed, we have involved Saudi Arabia, the UAE and Bahrain: Russian Trade Minister said.

Egypt has filed legal complaint against zero ergot wheat decision

The government will retain an ergot tolerance of 0.05 percent in shipments, a common international standard.

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