Egypt Imports 3.5 million Tons of Wheat- Supply Minister
Ali Al-Moselhi, the Egyptian Minister of Supply and Internal Trade said that 3.5 million tons of wheat were imported during the current fiscal year.
In his statements on Tuesday, he explained that the volume of consumption of subsidized bread amounts to 9 million tons of wheat, noting that 4.2 million tons of local wheat have been received, according to the Middle East News Agency.
He pointed out that the strategic reserve of basic commodities is safe and sufficient for several months, noting that the strategic reserve of wheat is sufficient for more than 6 months, and the oil until next May through contracts.
Regarding the Ukrainian wheat shipment that Egypt contracted (63 thousand tons of wheat) before the Russian-Ukrainian crisis, Al-Moselhi explained that the shipment moved from the Ukrainian ports and is on its way to the Egyptian ports.
Read also
US aims to double soybean meal exports and expand soybean markets
India doubles wheat sales from state reserves amid rising prices
Germany expects Black Sea grain export deal in coming weeks
4S Business Summit: Connecting 4 Seas – Logistics & Trade
Global mineral fertilizer prices may decline amid weak demand and high stocks
Write to us
Our manager will contact you soon