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Elham AbolFateh

Business

Egypt buys 60 thousand tons of wheat from Ukraine

Tuesday 15/May/2018 - 07:14 PM
Sada El Balad
Ahmed Moamar
The Public Authority of Supply (PAS) released a statement today، Tuesday، says that it has contracted to buy 60 thousand tons of wheat from Ukraine through an international trend.
It is worth to mention that the PAS is the main contractor to negotiate Egypt’s imports of food.
Egypt is touted as the main buyer of wheat across the globe. 
Merchants revealed that SAP has bout wheat at $ 219،90 a ton delivered free on board (FOB).
The bought quantities will be delivered in the Egyptian ports during the period from June 15 through 25. 
The trend to buy wheat attracted four bidders only.
Merchants surprised at lower prices along the copious harvest of wheat in Egypt nowadays. 

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