AIRLINK 74.45 Increased By ▲ 0.20 (0.27%)
BOP 5.05 No Change ▼ 0.00 (0%)
CNERGY 4.42 No Change ▼ 0.00 (0%)
DFML 37.54 Increased By ▲ 1.70 (4.74%)
DGKC 90.80 Increased By ▲ 2.80 (3.18%)
FCCL 22.66 Increased By ▲ 0.46 (2.07%)
FFBL 32.68 Decreased By ▼ -0.04 (-0.12%)
FFL 9.74 Decreased By ▼ -0.05 (-0.51%)
GGL 10.87 Increased By ▲ 0.07 (0.65%)
HBL 115.97 Increased By ▲ 0.07 (0.06%)
HUBC 136.36 Increased By ▲ 0.52 (0.38%)
HUMNL 10.02 Increased By ▲ 0.18 (1.83%)
KEL 4.61 No Change ▼ 0.00 (0%)
KOSM 4.80 Increased By ▲ 0.14 (3%)
MLCF 40.45 Increased By ▲ 0.57 (1.43%)
OGDC 137.90 No Change ▼ 0.00 (0%)
PAEL 26.43 No Change ▼ 0.00 (0%)
PIAA 25.40 Decreased By ▼ -0.88 (-3.35%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.10 Increased By ▲ 0.20 (0.16%)
PRL 26.80 Increased By ▲ 0.11 (0.41%)
PTC 14.09 Increased By ▲ 0.09 (0.64%)
SEARL 58.95 Increased By ▲ 0.25 (0.43%)
SNGP 70.05 Decreased By ▼ -0.35 (-0.5%)
SSGC 10.40 Increased By ▲ 0.04 (0.39%)
TELE 8.60 Increased By ▲ 0.04 (0.47%)
TPLP 11.23 Decreased By ▼ -0.15 (-1.32%)
TRG 64.91 Increased By ▲ 0.68 (1.06%)
UNITY 26.57 Increased By ▲ 0.52 (2%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 7,851 Increased By 12.6 (0.16%)
BR30 25,548 Increased By 87.9 (0.35%)
KSE100 75,179 Increased By 248.8 (0.33%)
KSE30 24,186 Increased By 39.8 (0.16%)

CAIRO: A French wheat cargo Egypt had rejected by Egypt due to high levels of the grain fungus ergot has been re-tested and found to have acceptable levels, a ministry document showed and an Egyptian official said.

The cargo at the Red Sea port of Safaga will be offloaded and distributed to mills after the test showed a 0.01 percent ergot level, Othman Mohammad Younes, general manager of the Safaga silo, told Reuters. A ministry of agriculture document, obtained by Reuters, also showed a test result of 0.01 percent.

Egypt's ministry of agriculture was not immediately available for comment.

On Tuesday, sources told Reuters that the cargo of 63,000 tonnes of French wheat had been rejected and negotiations were underway to resolve the issue.

At the time, one source said a 0.1 percent ergot level had been found and that the acceptable level was 0.05.

An official source at Safaga later confirmed the rejection because of the 0.1 percent ergot content and said unloading of the wheat had been refused. A request was then made to re-test the cargo, he said.

Egypt, the world's largest wheat importer, rattled the global market in 2016 when it reinstated a ban on even trace levels of ergot, which can cause hallucinations but is considered harmless at minor levels.

After several wheat cargoes were rejected, the government later readopted an internationally recognised standard allowing up to 0.05 percent ergot in wheat.

Copyright Reuters, 2019

Comments

Comments are closed.