The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Wednesday, May 31, bought 180,000 MT of wheat from Russia (120 TMT) and Romania (60 TMT) for July 1-10 delivery:

  • 60,000 MT of Romanian wheat from ADM at 201.56 $/mt c&f (191.46+10.10 freight);
  • 2x60,000 MT of Russian wheat from Midgulf at 203.14 $/mt c&f (192.24+10.90 freight)

It was the 28-th international tender since the start of the new fiscal year. GASC has bought 6.03 MMT (4.055 MMT from Russia, 1.08 MMT from Romania, 480 TMT from Ukraine, 180 TMT from France, 120 TMT from Argentina and 115 TMT from the US) of wheat on the international market since July 1, the start of the 2016/17