In bid to diversify sources of wheat, Trade Ministry extends 13.5% moisture limit of 13.5% for another nine months: The Trade and Industry Ministry approved allowing shipments of wheat with moisture levels of up to 13.5% for an additional nine months in a bid to promote competition among different origins at its state tenders, Reuters reports. The higher moisture content is expected to give French wheat a higher chance of competing on state tenders as it has in the past been difficult of French exporters to meet the 13% mark. The move is expected to help Egypt diversify its source away from the Black Sea and Russian exporters. The extension on the moisture limit hike, which state grain buyer the General Authority for Supply Commodities had raised back in February, will begin on 3 October.

Separately, the ministry also extended tariffs on exports of raw and scrap copper and aluminum for another year, according to Al Borsa. Export duties on copper stand at EGP 20,000 per ton while duties on aluminum stand at EGP 7,000.