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Tuesday, 25 August 2020

Egypt’s GASC wants unspecified amount of wheat for October delivery

State grain buyer GASC has launched a tender for an unspecified amount of wheat it plans to have delivered between 11 and 31 October, Reuters Arabic reports. GASC earlier this month purchased 410k tonnes of Russian and Ukrainian wheat after receiving a “record number” of bids. GASC has been increasingly tapping the international wheat market as the country looks to ensure its reserves of basic commodities amid the global pandemic.

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