Oct. 3 (Bloomberg) -- Egypt’s state-run General Authority for Supply Commodities raised the protein level required for wheat imports, said two traders who have seen the document outlining the changes.
The minimum level of protein was raised to 12.5 percent for Kazakhstan wheat from 12 percent previously, 12 percent for Russian and Romanian wheat from 11.5 percent and 11.5 percent for all other origins from 11 percent, the traders said.
The new specifications applied to the authority’s last tender on Sept. 29, when the authority, also known as Gasc, bought 120,000 metric tons of Russian wheat and a similar amount of Kazakh wheat, according to the traders.
Gasc buys between 5 million to 6 million tons of the grain a year by international tenders because local production is too low to meet demand in the Arab world’s most populous nation and wants to diversify its range of sources. Egypt, with a population of about 80 million people, uses imported wheat to make subsidized bread.
--Editors: Claudia Carpenter, John Deane
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