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Results of Gasc wheat tender - January 30

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Results of the latest wheat tender by Gasc for shipment March 11-25.

 

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

 

The tender was the first since November 5 to show a drop in FOB price, and the first since October not to include any Russian origin wheat.

 

The results of the previous tender can be found here.

 

Origin Amount purchased (tonnes)
Price excluding freight ($ per tonne)
Merchant
Freight cost ($ per tonne)
France 60,000 231.10 Glencore 15.00
France 60,000 231.10 Glencore 15.00
France 60,000 231.10 Glencore 15.00
Total 180,000
Average price per tonne ($)
231.10 246.10 including freight

 

 

 

Running total of Gasc wheat tender results 2019-20
Origin Amount purchased (tonnes)
France 720,000
Romania 960,000
Russia 2,930,000
Ukraine 1,005,000
Total 5,615,000
Total spent, including freight (million dollars) 1,270.05

 

 

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