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Egypt to buy 60,000 tons of wheat Tuesday

State commodity buyer plans another order of milling wheat for shipment at the end of September, following up last week's commitment with Russia

Ahram Online, Tuesday 9 Aug 2011

Egypt, is seeking to buy at least 60,000 metric tonnes of milling wheat for shipment between September 21st and 30th at a tender Tuesday, according to Nomani Nomani, vice chairman of the state-run General Authority for Supply Commodities.

The latest tender on 4 August saw Egypt, the biggest wheat importer in the world, commit to buying 240,000 tons of wheat, with 75 per cent of it shipping from Russia.
Egypt has ordered the majority of its wheat purchases from Russia, despite efforts to find alternative sources after prices for Moscow-sold grain climbed almost 5 per cent in less than a month.
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