21 April 2010
Egypt's General Authority for Supply Commodities (GASC) said on Wednesday it had bought 55,100 tons of rice from the local market through a tender.
Nomani Nomani, vice chairman of GASC, said in a statement the price range was LE 1,500-1,555 ($271-281) per ton and the quantity was due to be supplied to the consumers under the subsidy program between May 8 and May 29.
In its latest tender on March 31, GASC bought 57,500 tons of rice from the domestic market, at prices ranging between LE 1,588 and LE 1,630.
Egypt's General Authority for Supply Commodities (GASC) said on Wednesday it had bought 55,100 tons of rice from the local market through a tender.
Nomani Nomani, vice chairman of GASC, said in a statement the price range was LE 1,500-1,555 ($271-281) per ton and the quantity was due to be supplied to the consumers under the subsidy program between May 8 and May 29.
In its latest tender on March 31, GASC bought 57,500 tons of rice from the domestic market, at prices ranging between LE 1,588 and LE 1,630.
© Daily News Egypt 2010
