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المشهد العربي
Asian mills cut wheat purchases as prices rise
Wheat mills in Asia are increasingly reducing their commitments to future purchases due to rising prices and the deteriorating supplies from the Black Sea region caused by ongoing disruptions. Some mills in Southeast Asia are now only purchasing their immediate needs through December, instead of securing supplies for longer periods as they did before. This reflects the sector’s cautious stance following the escalation of tensions between Russia and Ukraine and their impact on export flows, which has forced many countries to rely on alternative sources such as Bulgaria and Romania, both of which now face similar risks due to military targeting.
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