The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, August 27, bought 350,000 MT of wheat from Russia (230 TMT), France (60 TMT) and Ukraine (60 TMT) for October 1-10 delivery:

  • 60,000 MT of French wheat from Glencore at 215.09 $/mt c&f (193.60 fob+21.49 freight);
  • 60,000 MT of Russian wheat from Garant Logistics at 215.87 $/mt c&f (199.40 fob+16.47 freight);
  • 60,000 MT of Russian wheat from Posco International at 216.25 $/mt c&f (199.40 fob+16.85 freight);
  • 60,000 MT of Ukrainian wheat from LDC at 216.60 $/mt c&f (198.35 fob+18.25 freight);
  • 55,000 MT of Russian wheat from Posco International at 216.62 $/mt c&f (199.40 fob+17.22 freight);
  • 55,000 MT of Russian wheat from Posco International at 217.30 $/mt c&f (199.40 fob+17.90 freight)

So GASC has bought so far a total 2,130,000 MT of wheat (935,000 MT from Russia, 660,000 MT from Romania, 475,000 MT from Ukraine and 60,000 MT from France) for supply in 2019/20 (July-June)