The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, Nov 10, bought 60,000 MT of Russian and 55,000 MT of Ukrainian wheat for December 11-20 delivery:

  • 60 TMT of Russian wheat from Union Co. at 210.12 $/mt c&f (203.46 $/mt fob+6.66 $/mt freight from Union Co.)
  • 55 TMT of Ukrainian wheat from Venus at 210.74 $/mt c&f (197.30 $/mt fob+13.44 $/mt freight from National Navigation)

It was the fifteenth tender since the start of the new fiscal year. GASC has bought 2.47 MMT (1.47 MMT from Russia, 400 TMT from Ukraine, 360 TMT from Romania, 180 TMT from France and 60 TMT from Poland) of wheat on the international market since July 1, the start of the 2015/16