Lowest offer at Egypt tender at $232.5/T for Romanian wheat – traders
The lowest free-on-board offer presented at an Egyptian state purchasing tender for wheat on Wednesday was $232.5 per metric ton for 60,000 tons of Romanian wheat, traders said.
The offer was presented by Al Dahra.
Egypt’s state grains buyer, the General Authority for Supply Commodities (GASC) is seeking wheat in an international purchasing tender.
The deadline for offers is Mar. 20 and results are expected later today. Suppliers were asked to submit offers for payment via both 270-day letters of credit and 180-day letters of credit and GASC will choose between them.
Offers should also be submitted on a free-on-board (FOB) for shipment from May. 5-15.
Traders said that Russian wheat offered many times at the same price was an illustration of the Russian government’s minimum export price to cool Russian domestic wheat prices.
Read also
Malaysia raises benchmark price of crude palm oil in August, raising duty to 9%
Ukraine. Sobolev named the main priorities of the united ministry
Weather conditions contribute to better harvests in the USA, Canada, Europe and Ch...
Victoria Golubyatnikova, SGS – Speaker at BLACK SEA OIL TRADE-2025, Bucharest
Ukraine harvested 7.2 mln tons of early grains
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon