Egypt's GASC seeks wheat for Aug 2-12 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 Aug 2-12.

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 local time (1000 GMT) on Tuesday. The results should come out after 3:30 p.m. local time on the same day.

Wheat bids should be free-on-board, with a separate freight offer.