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Egypt to export up to 600,000T rice |
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Written by Egypt News
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Thursday, 29 October 2009 |
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Rachid Mohamed
Rachid
Egyptian Minister of Trade
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Egyptian Minister of Trade Rachid Mohamed
Rachid announced that Egypt will export 400,000 to 600,000 tonnes of rice in the current
season depending on supply and demand
Rachid said last week the country would cap its rice exports at 100,000
tonnes per month, with each licence in a closed envelope bidding
process limited to 34,000 tonnes. The rice season in Egypt begins in
late August or early September.
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