date:Nov 26, 2013
Egypt suspended rice exports less than a week after issuing licences to sell the grain abroad, the head of the rice committee of Egypt's Agricultural Export Council said on Monday.
We are of course very upset about this decision, which only serves to confuse the market, Mostafa el-Naggari told Reuters over the telephone.
On Nov. 19, Egypt granted licences allowing exporters to sell 102,000 tonnes of white medium-grain rice in a tender. The licences allowed export of rice for a period until Jan