The state Agency of Egypt GASC on Saturday 8 July at the tender purchased 115 thousand tons of Russian soft milling wheat supply 10-20 August 2017.

There were purchased:

-Union Friends: 55,000 tonnes of Russian wheat at $203.70 FOB and $15.80 freight equating to $219.50 C&F (Tuapse)

-Alegrow: 60,000 tonnes of Russian wheat at $204.75 FOB and $15.17 freight equating to $219.92 C&F (Novorossiysk)

The prices of the current winners of the tender for a 6.75 – 7,17 $/ton C&F above the most cheap price Russian winner of the recent tender 05 July.

All offers of the tender on the basis of C&F:

-Union Friends: 55,000 tonnes of Russian wheat at $203.79 FOB and $15.80 freight equating to $219.59 C&F

-Alegrow: 60,000 tonnes of Russian wheat at $204.75 FOB and $15.17 freight equating to $219.92 C&F

-Daewoo: 60,000 tonnes of Russian wheat at $206.25 FOB and $15.17 freight equating to $221.42 C&F

-Louis Dreyfus: 60,000 tonnes of Russian wheat at $208.74 FOB and $16.11 freight equating to $224.85 C&F

-GTCS: 60,000 tonnes of Russian wheat at $209.49 FOB and $16.11 freight equating to $225.54 C&F

Photo: agroxxi.ru