The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, December 20, bought 180,000 MT of Russian wheat, 120,000 MT of Argentine wheat and 60,000 MT of Romanian wheat for January 20-31 delivery:

  • 60,000 MT of Argentine wheat from Glencore at 196.53 $/mt c&f (173.00 $/mt fob+23.53 $/mt freight);
  • 60,000 MT of Russian wheat from Louis Dreyfus at 196.64 $/mt c&f (186.74 $/mt fob+9.90 $/mt freight);
  • 60,000 MT of Argentine wheat from Louis Dreyfus at 197.15 $/mt c&f (173.50 $/mt fob+23.65 $/mt freight);
  • 60,000 MT of Romanian wheat from Cereal Com at 197.75 $/mt c&f (187.00 $/mt fob+10.75 $/mt freight)
  • 60,000 MT of Russian wheat from AOS/Friends at 198.50 $/mt c&f (187.00 $/mt fob+11.50 $/mt freight);
  • 60,000 MT of Russian wheat from Aston at 198.50 $/mt c&f (187.00 $/mt fob+11.50 $/mt freight)

It was the 18-th international tender since the start of the new fiscal year. GASC has bought 2.94 MMT (2.04 MMT from Russia, 720 TMT from Romania, 120 TMT from Argentina and 60 TMT from Ukraine) of wheat on the international market since July 1, the start of the 2016/17