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Egypt’s GASC buys 470,000 metric tons of wheat in tender

Egypt’s General Authority for Supply Commodities (GASC) announced on Tuesday the purchase of 470,000 metric tons of wheat in an international tender. The acquisition includes 50,000 tons of Bulgarian wheat, 60,000 tons of Ukrainian wheat, 180,000 tons of Russian wheat, and 180,000 tons of Romanian wheat. This purchase is part of Egypt’s efforts to secure its wheat supply amidst ongoing global market dynamics and to meet domestic demand for this essential commodity.

CAIRO, June 25 (Reuters) -Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday that it had bought 470,000 metric tons of wheat in an international tender.

The purchase comprised 50,000 tons of Bulgarian wheat, 60,000 tons of Ukrainian wheat, 180,000 tons of Russian wheat and 180,000 tons of Romanian wheat, GASC said.

Source Link : https://www.xm.com/research/markets/allNews/reuters/egypts-gasc-buys-470000-metric-tons-of-wheat-in-tender-53867795

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