Egypt is provided with vegetable oil for the next six months

Published 2023년 12월 13일

Tridge summary

Egypt has enough wheat reserves to meet domestic demand for the next 4.8 months, and enough vegetable oil reserves for the next 6 months. However, most of Egypt's edible oil consumption is sunflower oil, which is largely imported due to low domestic production. Private processors rely heavily on imports for raw materials to meet demand.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Egypt's Ministry of Supplies estimates that the country's wheat reserves are sufficient to meet domestic grain demand for the next 4.8 months, Reuters reports. It is also noted that Egypt's domestic reserves of vegetable oil are sufficient to meet demand for the next 6 months. About half of Egypt's edible oil consumption is sunflower oil, which is ...
Source: Oilworld

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