Egypt’s GASC buys 180,000 MT of wheat in tender
Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it bought 180,000 metric tons of wheat in an international tender.
The purchase comprised 60,000 tons of Ukrainian wheat for at sight payment and 120,000 tons of Russian wheat for payment via 270-day letters of credit, GASC said.
Traders gave the following breakdown of the purchase in dollars per metric ton: Supplier QTY Ori Shipmen 270-Day Freight C&F /KM gin t At LCs T Sight Cereal 60 RU Jan. – $255.00 $23.25 $278.25 Crops 26-Feb. Trading 4 Cereal 60 RU – $255.00 $23.25 $278.25 Crops Trading Jan. 26-Feb. 4 Nibulon 60 UKR $249.90 $19.10 $269.00 Jan. 26-Feb. 4.
Read also
Palm oil prices rise 3.5% amid stronger soybean oil market and growing stocks
World’s largest cocoa producer forecasts 21–25% decline in harvest
Argentina increases wheat exports as Brazil faces a smaller harvest
China raises soybean import estimate to 111.6 mln tons but expects lower purchases...
Ust-Luga overnight incident: Could Baltic grain exports face delays?
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon