Egypt signed contracts for 240,000 tonnes of French wheat and 60,000 tonnes of Russian wheat, at an average price of $273.94 per tonne to be delivered in January, the minister of supply and internal trade, Khaled Hanafi, said in a press release on Sunday. The world's largest wheat importer, Egypt, imported 5.46 million tonnes of wheat to supplement the 3.7 million tonnes of locally procured wheat in the last fiscal year, which ended on 30 June.
