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Results of Gasc wheat tender - June 19

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Results of the second wheat tender by Gasc for delivery in 2019-20.

 

Tenders by Gasc - grain authority for Egypt, the world’s top wheat importer - are closely monitored by investors.

 

The results of the previous event are available by clicking here.

 

Results of Gasc wheat tender, June 19
Origin Amount purchased (tonnes)
Price ($ per tonne)
Merchant
Freight cost ($ per tonne) Total cost ($ per tonne)
Russia 55,000 196.86 Glencore 14.35 211.21
Romania 60,000 198 Ameropa 12.45 210.45
Romania 60,000 198 Ameropa 12.45 210.45
Romania 60,000 198 Cerealcom 12.45 210.45
Russia 55,000 196.16 Posco 13.93 210.09
Total 290,000
Average price 197.43
Change in average price from previous tender +0.1%

 

 

 

Running total of Gasc wheat tender results 2019-20
Origin Amount purchased (tonnes)
Romania 240,000
Russia 170,000
Total 410,000
Total spent, including freight (million dollars) $86.18

 

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