Egypt wants to hedge wheat prices

Egypt, the world's largest wheat importer, has entered into discussions with international banks to protect commodity prices against price rises on futures exchanges.
Government officials are currently explaining how Futures exchanges work, you listen to presentations, but you're not ahead.
Egypt's Finance Minister Mohamed Maait said in September that they would now be prepared to hedge with oil derivatives, just waiting for the market to cool.
Another member of the government told today about talks with banks about securing wheat prices as well. The details now concern the extent to which the derivatives market can be used as a price hedging instrument for oil and other commodities.
Cairo spends $ 1.5 billion a year on wheat imports to buy bread for malnutrition of tens of millions. To be able to offer people.

Please describe your request so that we can prepare for the callback.
Yes, I have read the Privacy Policy note and I consent that the data provided by me, including the contact data, for the processing of the inquiry and in case of questions are electronically collected and stored. My data will only be used strictly for my request and will not be passed without my consent. This consent can be revoked any time with effect for the future.'
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Register now

Jetzt registrieren und ZMP Live+ 14 Tage kostenlos testen!
  • Dauerhaft kostenfrei
  • Keine Zahlungsinformationen erforderlich