Another canceled wheat tender thanks to high prices: State grain buyer GASC reportedly canceled an international wheat tender for delivery in December and January due to high prices, Hapi Journal reports, citing a Reuters story. Bidders rejected GASC’s request to lower their C&F shipping offers to USD 360 per ton on a cost and freight basis.
More from Enterprise
BdC’s 3Q net income falls 20% y-o-y, while 9M income rises 5%
Provisions more than doubled q-o-q to EGP 1.09 bn, dragging…
Africa’s own credit rating agency plans its first rating by March 2027, and our central bank has long backed it
Its early value lies in 22 sovereigns nobody rates, and…
EGX’s newest investors meet their first selloff
Heavy borrowing, margin calls, and looming repayments could make a…