Egypt's GASC buys 295,000 T Russian wheat Dec. 3, 2019

The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, December 3, bought 295,000 MT of wheat from Russia for January 21-31 delivery:

• 55,000 MT of Russian wheat from Glencore at 235.17 $/mt c&f (221.49 fob+13.68 freight);
• 120,000 MT of Russian wheat from Solaris at 235.93 $/mt c&f (222.00 fob+13.93 freight);
• 120,000 MT of Russian wheat from Grain Export at 236.30 $/mt c&f (222.00 fob+14.30 freight).

So GASC has bought so far a total 4,540,000 MT of wheat (2.515 MMT from Russia, 885,000 MT from Ukraine, 720,000 MT from Romania, and 420,000 MT from France) for supply in 2019/20 (July-June)