Wheat price in Egyptian tender gained 9%

On October 23, 2020, Egypt bought 165 KMT of wheat from Russia for delivery on December 1 – 10, 2020 and December 11 – 20, 2020 at an average price of $278.54/MT C&F. The purchase price in the previous tender equaled $256.44/MT C&F, UkrAgroConsult reports.
The following was purchased in the tender:
December 1 – 10 delivery
Quantity, KMT | Origin | Shipper | FOB ($) | Freight ($) | C&F ($) | |
1 | 55 | Russia | LDC | 262.97 | 14.90 | 277.87 |
December 11 – 20 delivery
Quantity, KMT | Origin | Shipper | FOB ($) | Freight ($) | C&F ($) | |
1 | 55 | Russia | LDC | 263.97 | 14.90 | 278.87 |
2 | 55 | Russia | ADM | 263.97 | 14.90 | 278.87 |
In the previous tender held on September 22, 2020, Egypt purchased 405 KMT of Russian wheat for delivery on November 21 – 30, 2020.
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