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Egypts GASC buys 415,000 T of Russian wheat - trade

: Egypts state grain buyer, the General Authority for Supply Commodities, bought 415,000 tonnes of Russian wheat in international purchase tender on Wednesday, traders said.
GASC said it bought 295,000 tonnes of wheat for a Feb. 20-28 shipment period and 120,000 tonnes of wheat for a March 1-10 shipment period.
Traders gave the following breakdown of the purchase in dollars per tonne for the Feb. 20-28 shipping period:
* GTCS: 60,000 tonnes of Russian wheat at $248.00 and $15.45 freight equating to $263.45
* GTCS: 60,000 tonnes of Russian wheat at $249.00 and $15.45 freight equating to $264.45
* Cofco: 55,000 tonnes of Russian wheat at $249.40 and $16.20 freight equating to $265.60
* Aston: 60,000 tonnes of Russian wheat at $250.00 and $15.45 freight equating to $265.45
* Daewoo: 60,000 tonnes of Russian wheat at $250.00 and $13.75 freight equating to $263.75
Traders also gave the following breakdown of the purchase in dollars per tonne for the March 1-10 shipping period:
* GTCS: 60,000 tonnes of Russian wheat at $250.00 and $15.45 freight equating to $265.45
* Garant Logistics: 60,000 tonnes of Russian wheat at $250.50 and $15.45 freight equating to $265.95 Source: Reuters


Time Added: 2019-01-10 09:24:22
Source: arabfinance
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