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

  • 60 TMT of Russian wheat from Union Co. at 211.77 $/mt c&f (203.78 $/mt fob+7.99 $/mt freight from National Navigation)
  • 60 TMT of French wheat from Glencore at 211.50 $/mt c&f (200 $/mt fob+11.5 $/mt freight from National Navigation)

It was the sixteenth tender since the start of the new fiscal year. GASC has bought 2.59 MMT (1.53 MMT from Russia, 400 TMT from Ukraine, 360 TMT from Romania, 240 TMT from France and 60 TMT from Poland) of wheat on the international market since July 1, the start of the 2015/16