AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

Two wheat cargoes rejected by Egypt's agriculture quarantine service for containing poppy seeds are still in the custody of the public prosecutor and have not been released yet, Egypt's Red Sea Port Authority said on Saturday. The agriculture minister said on Wednesday that the poppy seed variety found in the cargoes from France and Romania was not dangerous and the shipments would be released and sieved.
But there has still been no word from the prosecutor on whether that will take place. The director of the port, General Ashraf Abdel Moneim, said the two cargoes in question were still in the port, in the custody of the prosecutor, and were awaiting his decision on the matter. Still, agriculture ministry spokesman Hamid Abdel Dayem said the there was a "definite leaning" towards releasing the two shipments and sieving them.
Egypt, the world's biggest wheat buyer, rattled global suppliers by referring the two cargoes to the public prosecutor for containing what it said were drug-producing poppy seeds. The prosecutor has yet to issue a final decision on whether the wheat should be re-exported. State grain buyer GASC has said that the agriculture quarantine service has signed a letter stating that the kind of seed found in the Romanian cargo is papaver rhoeas which is not harmful.
But traders are still waiting for the final decision of the prosecutor. Red Sea Port Authority spokesman Malak Youssef said a 63,000 tonne Russian wheat shipment being checked at the port of Safaga was looking likely to be accepted without problems. Any rejection of a GASC cargo could lead suppliers to boycott the state's massive tenders, protesting what they describe as excessive inspection measures that have made doing business with Egypt increasingly risky.

Comments

Comments are closed.