Egypt wheat reserves sufficient for five months, says Supply minister
Egypt’s strategic reserves of wheat are sufficient for five months of consumption, the supply minister said on Sunday.
Supply Minister Ali Moselhy said the government has bought 2 million tonnes of local wheat since the beginning of the harvest, with the volume expected to reach 4 million tonnes by the end of the season.
Strategic reserves of rice are sufficient for 3.1 months, sugar for seven months and vegetable oils for four months, the minister added.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Write to us
Our manager will contact you soon