The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Friday, February 19, bought 180,000 MT of Russian wheat and 60,000 MT of French wheat for March 15-25 delivery:

  • 60,000 MT of French wheat from Soufflet at 191.4 $/mt c&f (183 $/mt fob+8.4 $/mt freight from National Navigation)
  • 120,000 MT of Russian wheat from Union Co. at 194.5 $/mt c&f (187.9 $/mt fob+6.6 $/mt freight from National Navigation)
  • 60,000 MT of Russian wheat from Louis Dreyfus at 195.25 $/mt c&f (188.65 $/mt fob+6.6 $/mt freight from National Navigation)

It was the 24-th tender since the start of the new fiscal year. GASC has bought 3.485 MMT (1.885 MMT from Russia, 400 TMT from Ukraine, 540 TMT from Romania, 480 TMT from France, 120 TMT from Argentina and 60 TMT from Poland) of wheat on the international market since July 1, the start of the 2015/16