Markets

Egypt's GASC seeks wheat for Nov. 1-10, Nov. 11-20 shipment

Published September 17, 2018 Updated September 17, 2018 08:04pm

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

At its last wheat tender on Sept. 12, GASC bought 235,000 tonnes of Russian wheat for shipment Oct. 25-Nov. 4.

Copyright Reuters, 2018