Egypt procured another 120 thou. t of tendered wheat
Egypt's General Authority For Supply Commodities (GASC) bought 120 thou. t of tendered Russian wheat, Refinitiv Agriculture writes.
GASC announced an international tender for an unspecified wheat volume for July 12-22 shipment and stated that it would pay for the grain with a 180-day delay.
Traders informed about the following Russian wheat procurement:
- Posco: 60 thou. t at 226.90 USD/t CFR(Cost and Freight)
- Ameropa: 60 thou. t at 227.59 USD/t CFR
GASC purchased 120 thou. t of tendered Ukrainian wheat for shipment within 10-25 July 2020.