AreaEgypt

Commodity GroupGrains

CommodityWheat

Date22/10/2022

Policy CategoryConsumption and marketing

Policy InstrumentGovernment market intervention

DescriptionAnnounced that mills producing wheat flour with an extraction rate of 72 percent will be allowed to buy wheat from the state grains buyer for EGP 8 700 (USD 442) per tonne and pasta factories will be able to buy it for EGP 10 000 (USD 508) per tonne. This policy is set to run for one month, starting 15 October.