Egypt puts wheat for sale on EMX ...Egypt

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Egypt puts wheat for sale on EMX
The Egyptian Supply and Internal Trade Ministry announced that “due to the repercussions of the Ukrainian crisis have surfaced and its impact on wheat supplies globally.   As a result quantities of wheat stocks will be offered for sale through the Egyptian Mercantile Exchange (EMX).” It explained that the General Authority for Supply Commodities (GASC) will be a selling party for the available quantities.   This means  that this does not affect the strategic reserve: the Egyptian Holding Company for Silos and Storage (EHCSS) will be the party obligated to deliver. The ministry continued: “in order for milling companies to benefit from this (trading) on the platform of the EMX.     This will

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