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Egypt wants French wheat but at better price

State procural body calls on French exporters to lower their asking rpice as Egypt seeks more varied sources for its wheat

Reuters, Tuesday 25 Oct 2011

Egypt, the world's biggest wheat importer, is keen to buy French grain but would like it more competitively priced at international tenders, the main state buyer said on Tuesday.

"I am calling for more competition and for French offers to appear more competitively in our tenders," Nomani Nomani, the vice president of Egypt's General Authority for Supply Commodities (GASC), said.

"Without a doubt, French wheat is one of our more strategic and stable sources," he said at a meeting organised by grain lobby France Export Cereales.

Egypt has bought heavily from Russia this year, but he said France remained a stable supplier.  

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