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
Corn prices in Ukraine could fall by $50–70 per ton due to port blockade
China’s soybean meal prices rise more than 6% in July
Soybean prices in Ukraine fall following rapeseed and sunseed prices
Iran to boost flour exports to Iraq through purchases of Russian and Kazakh wheat
South Korea expands mandatory GM labelling to edible oils and fats
Write to us
Our manager will contact you soon