AreaEgypt

Commodity GroupGrains

CommodityWheat

Date01/08/2017

Policy CategoryConsumption and marketing

Policy InstrumentGovernment procurement

DescriptionSigned an agreement with the Chamber of Cereal Industries, fixing a price for the GASC supplied wheat. The agreement calls for the GASC to sell wheat at EGP 4 000 (USD 227) per tonne to public and private sector mills, and millers agreed to sell flour at EGP 4 700 (USD 267) per tonne.