Egypt

Delays in the supply of wheat from Russia to the state customer of Egypt (GASC) raise doubts about the reliability of Russian suppliers.

The illegal export of stolen grain from the temporarily occupied territories of Ukraine is carried out through a shell company in Oman.

Egypt’s GASC has entered into one of its largest contracts for monthly wheat supplies from November to April.

Nibulon sent a second batch of wheat to Egypt under an agreement with the General Directorate of Commodity Supply (GASC). Agroholding loaded 63,000 tons of wheat onto the ship Edfu, which belongs to the Egyptian state company — National Navigation Company (NNC), Nibulon reports. The grain was loaded at the PGM-2 anchorage of TTS Operator…

This decision was made by the country’s president against the backdrop of food safety concerns.

The Russian bulk carrier-thief went with a load of grain from the temporarily occupied territories of Ukraine to the Egyptian port of Alexandria.

For the first time in the season, agricultural holding “Nibulon” delivered grain to Egypt within the GASC state tender.

At the last GASC tender, the price of wheat of Black Sea origin decreased by 20-22 dollars per ton.

Instead, Egyptian buyers refocused on purchasing grain of Ukrainian, Romanian and Bulgarian origin.

Egypt’s demand for cheap wheat from Russian Black Sea ports will remain high.