Markets

Lowest offer in Egypt's GASC tender for Russian wheat

Published February 2, 2018 Updated February 2, 2018 01:39pm

The offer was presented by GTCS.

GASC is expected to announce the results of the tender later on Friday.

GASC lowered the protein requirements at its Friday tender, reducing the minimum permissible level for top supplier Russia to 11.5 percent from 12 percent in a move which traders expected would lower prices.

 

Copyright Reuters, 2018