05282016Sat
Last update: Sat, 28 May 2016 02pm

Middle East & Africa

Markets - Commodities - Middle East & Africa

Egypt says three wheat cargoes rejected for ergot CAIRO: Egypt has rejected a total of three wheat import shipments due to the presence of grain fungus ergot, a spokesperson for the country's agriculture ministry said on Tuesday.Egypt had already confirmed the rejection of a 63,000 tonne cargo of French wheat that had been bought by state buying agency GASC, but the agriculture ministry did not give details about the two other cargoes.Traders said the two other shipments were small volumes purchased by private importers. One trade source cited a 700 tonne cargo of Canadian durum wheat and 3,300 tonnes of French wheat, adding that the rejections took place some time ago.However, shipping sources in France said no French wheat had been shipped to private Egyptian importers this season, and no French durum had been exported either to the Middle Eastern country.Copyright Reuters, 2016 ...

Markets - Commodities - Middle East & Africa

Israeli group tenders to buy corn and sorghum: trade HAMBURG: A group of Israeli private buyers has issued international tenders to purchase up to 105,000 tonnes of corn and 10,000 tonnes of the feed grain sorghum, all of optional origins, European traders said on Monday.The tenders close on Wednesday, Feb. 3, traders said.If based on European Union or Black Sea region supplies, some 25,000 tonnes of corn was sought for shipment between March 20 to April 10, 35,000 tonnes between April 20 to May ...

Markets - Commodities - Middle East & Africa

Egypt's GASC buys 235,000 T Romanian, French and Russian wheat ABU DHABI: Egypt's state grain buyer, the General Authority for Supply Commodities, said on Thursday it bought 235,000 tonnes of wheat in a tender. The wheat purchased was of Romanian, French and Russian origin, GASC Vice-Chairman Mamdouh Abdel Fattah said. He said the average price of the purchase was $189.17 a tonne cost and freight. GASC did not give details of the purchase but traders said GASC bought 60,000 tonnes of Romanian, 55,000 tonnes of ...

Markets - Commodities - Middle East & Africa

Egypt's GASC seeks wheat for Feb. 20-March 1 shipment ABU DHABI: Egypt's General Authority for Supply Commodities (GASC) set a tender on Wednesday to buy an unspecified amount of wheat from global suppliers for shipment from Feb. 20 to March 1. Mamdouh Abdel Fattah, vice chairman of GASC, is seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine and Romania. Tenders should reach GASC by noon local time (1000 GMT) on ...

Markets - Commodities - Middle East & Africa

Tunisia tenders to buy durum, soft wheat and barley HAMBURG: Tunisia's state grains agency has issued an international tender to purchase 92,000 tonnes of soft milling wheat, 109,000 tonnes of durum and 50,000 tonnes of feed barley, European traders said on Wednesday. The origin was optional. The tender deadline is also Wednesday, Jan. 13, they said. Copyright Reuters, 2016 ...

Markets - Commodities - Middle East & Africa

Jordan tenders again to buy 100,000 tonnes wheat HAMBURG: Jordan's state grain buyer has issued another international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said on Monday. The tender closes on Jan. 13 and seeks shipment in June, they said.Jordan last bought 100,000 tonnes of wheat on Dec. 30 but its previous tender on Jan. 7 ended without a purchase.A series of previous tenders in late 2015 were cancelled after new terms ...

Markets - Commodities - Middle East & Africa

Egypt's new wheat requirement could delay supplies CAIRO/ABU DHABI: Egypt, the world's largest purchaser of wheat, has imposed restrictive import requirements, an agricultural authority official told Reuters, alarming traders who threatened to boycott tenders for the politically sensitive commodity. The new requirement - for a complete absence of ergot, a common fungus found in grains - could disrupt the country's supply chain for bread, traders said. Wheat is a strategic commodity that has triggered mass riots during even marginal price rises. President ...