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الموجز
Source: الموجز
1 Dayالموجز
Source: الموجز
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Wheat prices in the Egyptian market have experienced a significant increase in recent months, with the price of a ton of Ukrainian wheat rising by about 4,600 EGP. Meanwhile, the price of a ton of Russian wheat has increased between 4,750 and 4,950 EGP, depending on the type of wheat and protein content. The price of a ton of Ukrainian wheat has reached approximately 16,700 EGP, while Russian wheat is around 16,900 EGP. Additionally, the price of 12.5% protein Russian wheat has hit about 17,200 EGP per ton. These increases are attributed to multiple factors, including rising global market prices, shipping costs, fluctuations in exchange rates, and supply and demand levels. These factors directly impact the cost of wheat imports and, consequently, affect essential food industries such as baking and pasta production. Markets anticipate continued monitoring of global wheat price developments and their impact on local prices, as reliance on imports to meet market needs persists.
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