Egypt's GASC buys 120,000 T Russian wheat April 14, 2020
The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Tuesday, April 14, bought 120,000 MT of wheat from Russia:
- 60,000 MT of Russian wheat from Agro AST at 249.45 $/mt c&f (239.95 fob+9.50 freight) for May 15-25 shipment;
- 60,000 MT of Russian wheat from Grain Export at 252.5 $/mt c&f (243 fob+9.50 freight) for May 26-June 5 shipment.
So GASC has bought so far a total 6,095,000 MT of wheat (3.23 MMT from Russia, 1.14 MMT from Romania, 1.005 MMT from Ukraine, and 720,000 MT from France) for supply in 2019/20 (July-June)