The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, December 10, bought 355,000 MT of wheat from France (120 TMT), Russia (115 TMT), Ukraine (60 TMT) and Romania (60 TMT) for February 5-15 delivery:
  • 60,000 MT of Ukrainian wheat from Nibulon at 237.47 $/mt c&f (222.50 fob+14.97 freight);
  • 60,000 MT of Romanian wheat from Ameropa at 238.25 $/mt c&f (224.70 fob+13.55 freight);
  • 120,000 tonnes of French wheat from Glencore at 238.34 $/mt c&f (220.30 fob+18.04 freight);
  • 55,000 MT of Russian wheat from ADM at 238.35 $/mt c&f (223.00 fob+15.35 freight);
  • 60,000 MT of Russian wheat from Posco at 238.40 $/mt c&f (223.91 fob+14.49 freight)
So GASC has bought so far a total 4,895,000 MT of wheat (2.63 MMT from Russia, 945,000 MT from Ukraine, 780,000 MT from Romania, and 540,000 MT from France) for supply in 2019/20 (July-June)