Egypt’s Mostakbal Misr reportedly makes no wheat, vegoil purchase– sources

Author Logo | Thu, 28 Nov 2024 14:55:10 GMT

CAIRO, Nov 28 (Reuters) – Egypt’s Mostakbal Misr Agency for Sustainable Development is believed to have made no purchases in its wheat and vegetable oil procurement inquiry on Thursday, sources said.

Traders said they had not heard of any price offers submitted, with companies seeking more information about purchasing and payment terms from the agency.

But there were reports that several trading houses took part in a meeting at the Mostakbal Misr offices. (Reporting by Mohamed Ezz and Michael Hogan; editing by David Evans)

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