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Egypt purchases 60,000 tons of Russian wheat

The new Egyptian government said wheat would be used to make bread, which will be sold on the internal market
Photo ITAR-TASS
Photo ITAR-TASS

LONDON, July 29 (Itar-Tass) - Egypt purchased 60,000 tons of Russian wheat last week at a price of $251.92 dollars per tonne, the International Grains Council reported on Monday.

Egypt also purchased 60,000 tons of Ukrainian wheat ($152.2 per ton) and 60,000 tons of Romanian wheat ($252.25 per ton). Supplies will be made on September 1-10.

This month Egypt has bought wheat from three Black Sea countries. In the middle of July Egypt purchased 30,000 tons of wheat from Russia, Ukraine and Romania.

The new Egyptian government said wheat would be used to make bread, which will be sold on the internal market.

The Egyptian authorities purchase about 100 million tons of wheat per year on the international market. Egypt is the key world importer of grain.