Egypt waiting for 300,000 tonnes of wheat stuck in Ukraine ...Kuwait

News by : (The New Arab) -
About 300,000 tonnes of Ukrainian wheat booked by Egypt's state grains buyer for delivery in February and March is yet to be shipped, with one cargo stuck in port and four others still to be loaded, four traders said. Egypt's General Authority For Supply Commodities (GASC) has offered traders an extension to secure the cargoes, according to traders and officials. Egypt, typically the world's largest wheat importer, depended heavily on shipments of Black Sea wheat that were disrupted by Russia's invasion of Ukraine on February 24. The war has raised concerns over Egypt's ability to sustain its strategic reserves and secure affordable wheat that is used to make steeply

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