AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 213.15 Increased By ▲ 2.77 (1.32%)
BOP 9.82 Increased By ▲ 0.34 (3.59%)
CNERGY 6.36 Decreased By ▼ -0.12 (-1.85%)
DCL 8.83 Decreased By ▼ -0.13 (-1.45%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 95.00 Decreased By ▼ -1.92 (-1.98%)
FCCL 35.30 Decreased By ▼ -1.10 (-3.02%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 15.55 Increased By ▲ 0.60 (4.01%)
HUBC 127.97 Decreased By ▼ -2.72 (-2.08%)
HUMNL 13.25 Decreased By ▼ -0.04 (-0.3%)
KEL 5.36 Decreased By ▼ -0.14 (-2.55%)
KOSM 7.00 Increased By ▲ 0.07 (1.01%)
MLCF 43.25 Decreased By ▼ -1.53 (-3.42%)
NBP 59.30 Increased By ▲ 0.23 (0.39%)
OGDC 224.98 Decreased By ▼ -5.15 (-2.24%)
PAEL 38.90 Decreased By ▼ -0.39 (-0.99%)
PIBTL 8.23 Decreased By ▼ -0.08 (-0.96%)
PPL 195.70 Decreased By ▼ -4.65 (-2.32%)
PRL 38.24 Decreased By ▼ -0.64 (-1.65%)
PTC 26.35 Decreased By ▼ -0.53 (-1.97%)
SEARL 104.00 Increased By ▲ 0.37 (0.36%)
TELE 8.41 Decreased By ▼ -0.04 (-0.47%)
TOMCL 34.80 Decreased By ▼ -0.45 (-1.28%)
TPLP 13.25 Decreased By ▼ -0.27 (-2%)
TREET 25.90 Increased By ▲ 0.89 (3.56%)
TRG 68.80 Increased By ▲ 4.68 (7.3%)
UNITY 33.85 Decreased By ▼ -0.67 (-1.94%)
WTL 1.73 Decreased By ▼ -0.05 (-2.81%)
BR100 11,967 Decreased By -129.4 (-1.07%)
BR30 37,253 Decreased By -461.5 (-1.22%)
KSE100 111,189 Decreased By -1226 (-1.09%)
KSE30 35,010 Decreased By -497.9 (-1.4%)

DUBAI: Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) said on Thursday it was seeking cargoes of 25,000 tonnes of rice in an international purchasing tender.

GASC said it was seeking short grain milled white rice of any origin, with 10-12 percent broken parts.

The deadline for offers, to be submitted on a cost, insurance and freight (CIF) basis, is Nov. 12 and the rice is for arrival Jan. 1-31.

"Every supplier should submit four samples, each two kilograms, of their rice alongside their offer for testing," Ahmed Youssef, vice chairman of GASC, said.

"We need to determine how suitable the rice is for our consumers' taste," he said.

Results for the tender will not be announced on the same day.

Further details on the rules and specifications are available in a booklet as of Thursday, Youssef said.

Traditionally a rice exporter, Egypt is estimated to need around 500,000 tonnes of rice imports this season as it cuts down on its local production to save on water.

Earlier this year, Cairo decreed that only 724,000 feddans (750,000 acres) of rice could be planted with the grain in 2018, which grain traders estimate is less than half of the 1.8 million feddans actually cultivated in 2017.

Copyright Reuters, 2018
 

 

 

 

Comments

Comments are closed.