* State-buyer GASC says offer prices were too high * Traders say premium charged due to regulatory uncertainty * Egypt is world’s biggest importer of wheat (Recasts with tender cancellation) By Michael Hogan and Maha El Dahan HAMBURG/ABU DHABI, Feb 5 (Reuters) – Egypt cancelled a tender to buy wheat on Friday after receiving only four offers that were well above prices quoted in an Algerian deal this week, suggesting Cairo continues to suffer from the confusion over its import
Source : Reuters