The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Wednesday, November 5 bought 180 KMT of French and 55 KMT of Ukrainian wheat for shipment December 11-20:

  • 55 KMT of Ukrainian wheat from Venus at 257.38 $/t c&f
  • 60 KMT of French wheat from Granit at 261.04 $/t c&f
  • 60 KMT of French wheat from Soufflet at 261.04 $/t c&f
  • 60 KMT of French wheat from Glencore at 258.79 $/t c&f

GASC has bought 2.19 MMT (780 KMT from France, 660 KMT from Romania, 585 KMT from Russia, 55 KMT from USA and 110 KMT from Ukraine) of wheat on the international market since July 1, the start of the 2014/15.

Egypt purchased 5.46 MMT of wheat from abroad in the 2013/14 fiscal year in addition to 3.7 MMT of local wheat.

OFFERS ($/t, fob)

  • Granit: 60 KMT of French wheat at $243.28
  • Soufflet: 60 KMT of French wheat at $243.48
  • Glencore: 60 KMT of French wheat at $247.94, 55 KMT of Russian wheat at $257.30
  • Cargill: 60 KMT of French wheat at $251, 60 KMT of Russian wheat at $255.50
  • Invivo: 60 KMT of French wheat at $255
  • Bunge: 60 KMT of French wheat at $263
  • Nidera: 55 KMT of Russian wheat at $256.49
  • Vitol: 60 KMT of Russian wheat at $256.75
  • Louis Dreyfus: 60 KMT of Russian wheat at $257.74
  • Ameropa: 60 KMT of Romanian wheat at $259.30
  • Aston: 60 KMT of Russian what at $259.93
  • Alegrow: 60 KMT of Russian wheat at $260
  • Venus: 55 KMT of Ukrainian wheat at $243.87

FREIGHT

Romania

  • Ameropa: $9.38 for own cargo

France

  • National Navigation: $15.80
  • Glencore: $18.25 for own cargo

Russia

  • National Navigation: $11.44
  • Mina Shipping: $11.49, $11.87

Ukraine

  • United: $13.51
  • Venus: $13.79