Bloomberg reports citing sources that Russia did not support the cost of the deal as it was lower than the unofficial minimum price level for wheat, which the Russian side tried to set.
The publication recalls that in early September, Egyptian Minister of Supply Ali El-Mosilhy announced that after direct negotiations Cairo would buy 480,000 tons of wheat from Russia. The deal stipulated a price of $270 per ton, including freight. This was below the unofficial minimum price level that Russia tried to set at the time.
However, a few days later Egypt informed that the trader Solaris will be given the option to supply grain of any origin.
Recall also that the Egyptian authorities in August announced plans to increase wheat purchases from Russia while building a hub in Suez.