The first shipment of Egypt’s 430,000-metric-ton purchase of Russian wheat has started loading
The shipment commenced loading following a nearly three-month delay. It consists of 63,000 tons and so far loaded 17,650 tons from the Novorossiysk Grain Processing Plant in Russia.
Meanwhile, the shipment is expected to leave the port this week to arrive in Egypt by the end of the year.
In September, Egypt’s Ministry of Supply announced that it had secured the wheat through a direct purchase at $235 per ton.