Major buyer cancels Ukrainian wheat – Reuters ...News

Economy by : (Russia Today) -
Egypt has reportedly found alternative grain suppliers Egypt has cancelled an order for 240,000 tons of Ukrainian wheat that was earlier booked for delivery last February and March but not shipped due to the conflict in Ukraine, Reuters reported this week. This comes as Kiev prepares to resume grain exports via the Black Sea following an agreement with Moscow. Egypt’s procurement authority released the suppliers from their contractual obligations this week, Reuters said citing its sources, adding that it was unclear whether the contracts were cancelled before or after the internationally-brokered deal was reached.

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