Markets

Romanian wheat offered lowest at Egypt's GASC tender

Published July 2, 2019 Updated July 2, 2019 08:25pm

The offer was presented by CHS.

Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), said on Monday it was seeking an unspecified quantity of wheat for shipment Aug. 2-12.

Tuesday's tender is the first one in Egypt's 2019-2020 financial year, which began on July 1.

After adjusting its acceptable grade for wheat from Ukraine in June, GASC reverted to accepting grade number 3 or higher for this tender, traders said.

The results are expected later on Tuesday.

Copyright Reuters, 2019