Markets Extra

Results of Gasc wheat tender - February 11

Markets Extra12 Feb 2020by Markets Extra

Results of the latest wheat tender by Gasc for shipment March 21-31.

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

The results of the previous tender can be found here.

Origin	Amount purchased (tonnes)	Price excluding freight ($ per tonne)	Merchant	Freight cost ($ per tonne)
Romania	60,000	227.90	Ameropa	11.60
Romania	60,000	227.90	Ameropa	11.60
Romania	60,000	227.90	Ameropa	11.60
Russia	60,000	227.80	Agro AST	11.75
Russia	60,000	227.50	Solaris	11.75
Russia	60,000	227.50	Solaris	11.75
Total	360,000
Average price per tonne ($)		227.75		239.43 including freight

Running total of Gasc wheat tender results 2019-20
Origin	Amount purchased (tonnes)
France	720,000
Romania	1,140,000
Russia	3,110,000
Ukraine	1,005,000
Total	5,975,000

Total spent, including freight (million dollars)	1,356.25

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