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The Egyptian tender was spared by the Russian wheat
The state Agency of Egypt GASC tender on June 22, purchased 175 thousand tons of wheat for delivery July 25-August 05
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There were purchased:

  • 60 thousand tons of Romanian wheat from company Cerealcom price 193.94 $/t FOB + freight 13.15 $/ton = 207.09 $/ton C&F;
  • 60 thousand tons of Romanian wheat from company at a price of Cofco 195 us $/t FOB + freight 13.15 $/ton =208.15 $/ton C&F;
  • 55 thousand tons of Ukrainian wheat from Venus at the company цене190.13 us $/t FOB + freight 18.95 $/ton =209.08 $/ton C&F.

The purchase price on the basis C&F exceeded that of the previous tender on June 13 for $1.5/ton, reported in "Sovekon". The prices are on FOB basis in 2 of 3 purchased cargo were lower, the rise in price was due to the freight.

Russian wheat was offered at prices ranging from $195,95/t to us $204/MT FOB, up $3-5/tonne higher than the previous tender. Any vessel purchased from Russia was not.

Russia for the second time in the season is not among the winners. The first time was on the tender on 20 January 2017 when the wave of scandals with "zero ergot" was purchased only Ukrainian wheat, writes "Grain Online".

Photo: agroxxi.ru



Translated by service "Yandex.Translation"
Источники: Agro2b
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