September 2024

Egypt’s GASC secures Russian wheat in private deal, sources say

Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), made a private purchase of Russian wheat this week, bypassing the traditional tender process, according to three sources familiar with the deal, as reported by Reuters. Two of the sources revealed that GASC secured 430,000 metric tons of Russian wheat for shipment in October.

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