Markets

Egypt's strategic wheat reserves enough for 3 months

Published March 20, 2018 Updated March 20, 2018 11:55am

Egypt also has enough sugar reserves for more than four months and enough oil reserves for about five months, MENA said.

Egypt's state-buyer GASC bought 240,000 tonnes of wheat in a purchase tender on March 15. It bought 120,000 tonnes of Russian wheat and 120,000 tonnes of Romanian wheat.

 

Copyright Reuters, 2018