GASC wheat tender today
Today, April 13, Egyptian GASC will hold a tender for wheat.
According to trade sources, GASC wants to see wheat originating from the European Union only. However, if the suppliers decide to offer other origins than the EU, for instance russia, for a competitive price then GASC could prefer that other origin.
The problem is that the Islamic Trade Finance Corporation (ITFC) can pay for russian wheat solely in US$, whereas the russians will not be able to receive this payment.
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!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Bunge completes acquisition of large grain terminal in Canada
Favorable weather in the US, Brazil and Ukraine will boost crop prices this week
UkrAgroConsult presents market research on Ukraine’s livestock sector
South Africa expects another bumper harvest
China steps up purchases of Brazilian soybeans amid hopes for US-China trade deal
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon