Exclusive: Egypt’s GASC strikes deal on direct monthly wheat supplies, sources say
Egypt’s state grains buyer has struck one of its largest ever direct wheat deals for monthly supplies from November to April, two sources with direct knowledge of the matter told Reuters.The wheat will be shipped to the General Authority for Supply Commodities (GASC) with around 510,000 metric tons to be supplied every month sourced from Black Sea origins, and totalling up to 3.12 million tons over the period, one of the sources said.
DUBAI, Oct 2 (Reuters) – Egypt’s state grains buyer has struck one of its largest ever direct wheat deals for monthly supplies from November to April, two sources with direct knowledge of the matter told Reuters.
The wheat will be shipped to the General Authority for Supply Commodities (GASC) with around 510,000 metric tons to be supplied every month sourced from Black Sea origins, and totalling up to 3.12 million tons over the period, one of the sources said.
Source Link : https://www.reuters.com/markets/commodities/egypts-gasc-agrees-large-direct-wheat-deal-sources-say-2024-10-02/
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