Egypt has purchased large volumes of vegetable oil and wheat
Egypt’s state agency Mostakbal Misr told Reuters on Monday it had purchased six shipments of vegetable oil totaling more than 74,000 tonnes from Black Sea countries including Ukraine, Russia, Bulgaria and Romania.
The agency also said it had reached agreements with international suppliers to buy more than 600,000 tonnes of wheat, mostly from Black Sea countries and France, for delivery in September and October.
The agency did not provide specific delivery dates, suppliers or prices.
Egypt is one of the world’s largest wheat importers. On average, it buys more than 12 million tonnes of wheat abroad each year, including about 5 million tonnes through the state sector.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Coming Up in UkrAgroConsult Reports: Key Market Signals
High fertilizer prices could reshape US planting decisions in 2027 – USDA
Food wheat may become more expensive relative to feed wheat due to a protein shortage
EU exports support Ukrainian soybean prices amid maritime logistics disruptions
Zimbabwe proposes curbing vegetable oil imports while making wheat imports cheaper
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon