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Egypt's GASC buys 475,000 T Russian, Ukrainian wheat Sept. 18, 2018

The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, September 18, bought 475,000 MT of wheat from Russia (415 TMT) and Ukraine (60 TMT):

  • for November 1-10 delivery:
    • 60,000 MT of Russian wheat from GTCS at 243.10 $/mt c&f (226.00 fob+17.10 freight);
    • 60,000 MT of Russian wheat from GTCS at 244.60 $/mt c&f (227.50 fob+17.10 freight);
    • 60,000 MT of Ukrainian wheat from Dreyfus at 244.60 $/mt c&f (227.73 fob+16.87 freight)
  • for November 11-20 delivery:
    • 60,000 MT of Russian wheat from Garant Logistics at 243.05 $/mt c&f (225.95 fob+17.10 freight);
    • 60,000 MT of Russian wheat from Daewoo at 244.60 $/mt c&f (227.50 fob+17.10 freight);
    • 60,000 MT of Russian wheat from Aston at 244.95 $/mt c&f (227.85 fob+17.10 freight);
    • 60,000 MT of Russian wheat from ADM at 245.00 $/mt c&f (228.65 fob+16.35 freight);
    • 55,000 MT of Russian wheat from Daewoo at 245.06 $/mt c&f (227.50 fob+17.56 freight);

So GASC has bought a total 3.155 MMT of wheat (2.375 MMT from Russia, 600 TMT from Romania and 180 TMT from Ukraine) for supply in 2018/19 (July-June)