The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Saturday, October 3, bought 235,000 MT of Russian and Ukrainian wheat for November 1-10 delivery:

  • 60 TMT of Ukrainian wheat from Venus at 199.3 $/mt c&f (190.3 $/mt fob+ 9 $/mt freight from Venus)
  • 55 TMT of Russian wheat from Glencore at 200.25 $/mt c&f (189.75 $/mt fob+ 10.5 $/mt freight from National Navigation (NNC))
  • 60 TMT of Russian wheat from Louis Dreyfus at 199.44 $/mt c&f (189.84 $/mt fob+ 9.6 $/mt freight from NNC)
  • 60 TMT of Russian wheat from Alegrow at 199.95 $/mt c&f (191.3 $/mt fob+ 8.65 $/mt freight from United Marine)

It was the eleventh tender since the start of the new fiscal year. GASC has bought 1.695 MMT (1.11 MMT from Russia, 345 TMT from Ukraine, 180 TMT from Romania and 60 TMT from France) of wheat on the international market since July 1, the start of the 2015/16