The Ministry of Supply has announced the purchase of 300,000 tonnes of Russian and Romanian wheat in the second global tender in the new fiscal year budget. The tender, in which several local and international companies participated, was held by the General Authority for Supply Commodities (GASC). The purchase was completed at an average price of $174.99 per tonne.
Minister of Supply Khaled Hanafy said that the quantities contracted include 120,000 tonnes of wheat from Russia and 180,000 tonnes from Romania. He noted that the strategic reserve of wheat is enough to last to the end of the year. He pointed …read more
Source: Daily News Egypt
