Egypt purchased 240 KMT of milling wheat from the Black Sea region
On July 5, GASC completed another tender, where it purchased 60 KMT of Russian wheat and 180 KMT of that from Romania for delivery on September 1-15. The average C&F purchase price was USD 269.83/MT (almost USD 1 cheaper than in the previous tender).
Remarkably, Ukrainian wheat on FOB basis was offered at the most attractive price, but Egypt did not buy it because of expensive freight, UkrAgroConsult reports.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
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