Egypt's GASC seeks wheat for Sept. 1-10 shipment

DUBAI: Egypt's General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Sept 1-10.

GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary and Paraguay.

Tenders should reach GASC by noon local time (1000 GMT) on Tuesday. The results should come out after 3:30 p.m. local time (1330 GMT) on the same day. Wheat bids should be free-on-board, with a separate freight offer.

At its last wheat tender on July 18, GASC bought 120,000 tonnes of Russian wheat, 120,000 tonnes of Romanian wheat and 60,000 tonnes of French wheat.