Egypt to launch its first commodities exchange

Egypt is set to begin trading wheat, vegetable oils, rice, and sugar on a commodities exchange in the first half of 2021, UkrAgroConsult reports.

The commodities exchange will be launched to protect small Egyptian farmers by depositing their stocks in any of the supply ministry’s certified storage facilities where they will be evaluated and graded, then directly traded on the electronic platform.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!!

Start using analytical data and increase your efficiency now!

Register to get your demo access: http://agrisupp.com/en/register/1

UkrAgroConsult