October 28, 2011
Active Russian wheat exports affect French market
Russia has already sold about 2.52 to 2.94 million tonnes of wheat to GASC while France is struggling to sell a single tonne in the season 2011/12 for the period July-October.
Deputy Head of the Egyptian importing company GASC, Nomani Nomani called France to offer for a tender procurement of wheat at more competitive prices.
During the season 2010/11, in the absence of Russia, France sold 2.34 to 5.66 million tonnes of wheat in Egypt under the GASC.