Libya seeking to import 500,000 T wheat

Libya is seeking to import 500,000 tonnes of wheat and 400,000 tonnes of flour in the next two to three months.

Libya seeking to import 500,000 T wheat

Libya is seeking to import 500,000 tonnes of wheat and 400,000 tonnes of flour in the next two to three months, although western sanctions imposed on ousted leader Muammar Gaddafi and worries over port security will hinder the pace of shipments, trade and shipping sources say.

"Libya needs a lot of wheat and flour and I expect them to buy a lot in coming weeks," one trader said. "I expect them to buy a major volume of flour initially as much of their infrastructure is literally shot to pieces including their mills."

The country's interim ruling council, trying to heal scars left by Gaddafi's 42-year rule, is keen to assert its grip and relieve hardship after six months of war. Libya was a big importer of food before fighting interrupted supply chains.

Reuters

Last Mod: 01 Eylül 2011, 11:13
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