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.

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