Egypt's GASC seeks wheat for Sept. 5-15 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 to Sept. 5 to Sept. 15.

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, Paraguay and Serbia.

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

In its most recent international wheat tender on July 23, GASC bought 300,000 tonnes of Romanian, Ukrainian and Russian wheat for shipment from Aug. 25 to Sept. 5.