Egypt buys 130k tonnes of rice in largest import to date

Egypt will receive a shipment of 130,000 tonnes of rice in January 2019 — the largest rice import to date, Federation of Egyptian Industries’ Rice Division Head Ragab Shehata tells Al Shorouk. Egypt will source 50,000 tonnes from a Chinese supplier and the remaining from other countries, according to Shehata, who predicted a drop in rice prices next year as a result. Last month, in Egypt’s first international rice tender, the lowest offers came from Chinese suppliers.