Thndr Claps » EGY Claps » Economy 🏙 » Egypt buys 465k tons of wheat 🌾
The ClapThe General Authority for Supply Commodities purchased 465,000 tons of wheat, due to be shipped in July and August 2022.
The deetsThe new shipment includes 240 thousand tons from Romania, 175 thousand tons from Russia and 50 thousand tons from Bulgaria.
It’s the largest shipment to Egypt since the start of the war in Ukraine, and is the second shipment to be purchased under the tender system.
Egypt paid $480 /ton, 41% higher than the last wheat tender before the war in Ukraine.
In related newsIndia had agreed to ship 61.5k tons of wheat to Egypt, excluding it from the ban.
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