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Egypt's GASC buys 655,000 tonnes of wheat in tender.
May 03, 2023

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Tuesday it bought 655,000 tonnes of wheat in an international tender for shipment June 10-30 and July 1-20, 2023.
 
The purchase comprised 420,000 tonnes for shipment June 10-30 and 235,000 tonnes for shipment July 1-20, GASC added.
 
Most traders estimated the bulk of the purchase was sold at an FOB price of $260 per tonne, while some cargoes were believed to have been sold at $250 per tonne.
 
Origins likely to have been purchased include Russian and Romanian cargoes, traders added.
    
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