Egypt extends wheat moisture level requirement by one year
Egypt, the world’s largest wheat buyer, has extended by one year, to April 2023, its imported wheat moisture limit specifications, as part of a plan to diversify its sources of supply, the trade ministry said on Tuesday in a statement.
Moisture should not exceed of 13.5% of the weight of wheat shipments, the ministry said, adding the decision should allow the country to diversify its import origins. The tolerance of moisture content is normally 13% in Egypt.
The Russian invasion of Ukraine has disrupted international grain markets, prompting Egypt on Monday to cancel a second wheat import tender.
Ukraine and Russia are among Egypt main grain suppliers, alongside the United States, Canada, Australia, France, Germany, Poland, Argentina, Kazakhstan, Paraguay, Hungary, Romania, Bulgaria and Serbia.
Read also
2026-2030 Economic Outlook: New Business Architecture
Competition and Biofuel Demand Are Transforming the Global Oilseed Market
China uses strategic sulphur reserves as a tactical buffer amid fertilizer supply ...
Rainfall disrupts Brazil’s soybean harvest, but output remains record-high
Egypt, Algeria and Indonesia are the leaders among buyers of Ukrainian wheat
Write to us
Our manager will contact you soon