20.
10.20
10:08

Wheat importer GASC symbolizes courtesy

Egypt, the world's largest importer of wheat, will no longer charge sellers of imported wheat for cleaning and fumigation of the grain for the time being if dead insects are found. The GASC announced this in a circular to the suppliers.
The GASC had previously charged two USD / ton for sieving and 50 cents for fumigation if dead insects were found in addition to other impurities.
A trading house from the Middle East commented this morning that this does not mean that you can pay more for grain, since cleaning costs are charged anyway.
As a tense supply situation is emerging, the buyers are obviously ready to be accommodating.

Source
Hansa Terminhandel GmbH
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