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USDA: in 2018 Egypt can pay about $80 million on the import of wheat
Conducted by Egypt's policy of import of wheat can lead to the fact that by the end of 2018, the country will overpay about $80 million in imported grain according to FAS USDA
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As specified, it is first of all due to the potential risk traders who supply grain to Egypt. So, being the largest importer of wheat, Egypt annually buys up to 12 million tons of grain a year, but usually pays more than other shops, due to existing restrictions in respect of the sellers (the sifting of wheat, long unpredictable port clearance, etc.).

According to market participants, GASC could buy wheat at a lower price, if not insisted on strict requirements for the delivered grain. At the same time, experts of the USDA, despite the high global competition, prices for supply in Egypt wheat considerably will not decrease.

Photo: rtgexclusivetours.ru



Translated by service "Yandex.Translation"
Источники: АПК-Информ
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