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Saudi Arabia to Diversify Sources for Wheat Imports
date:Dec 09, 2013
Saudi Arabia announced that it will diversify its sources for wheat imports and will not rely on a particular supplier.

The Saudi Grain Silos and Flour Mills Organization (GSFMO) has revealed the Kingdoms wheat import policy indicating that it will hedge against fluctuations of wheat prices in the world markets and will procure its wheat requirements through transparent international tenders.

Since resuming wheat imports in 2008, Saudi Arabia imported about 10.5 million MT from various sources

12/22 23:09