An Egyptian delegation will travel to India the first week of April to facilitate wheat imports as part of efforts to secure supplies and alleviate shortages at one of the world’s largest importers of the staple, Reuters reports, citing Indian government sources. Egypt, often the world’s biggest wheat importer, is …
Read More »How Ukraine crisis throws Egypt’s wheat purchases into doubt ?
Russia’s invasion of Ukraine has left Egypt’s wheat import prospects in turmoil, with two cargoes purchased by Egypt’s state buyer stuck at Ukrainian ports, other deliveries at risk, and prices soaring, traders say. However, Egypt’s reserves mean it is not in a rush to buy as it assesses prices of …
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