Egypt's GASC Buys 180,000 Tons Russian Wheat
July 15 2011 - 11:11AM
Dow Jones News
Egypt's state-owned wheat buyer, the General Authority for
Supply Commodities, Thursday said it bought a total of 180,000
metric tons of Russian wheat.
Of the total, GASC bought 60,000 tons of Russian wheat from
Aston Agro at $245.59/ton and 60,000 tons of Russian wheat from
Bunge at $246.60/ton. GASC also purchased 60,000 tons of Russian
wheat from Nidera at $247.25/ton.
All shipments add $17 freight from EgyBulk.
The wheat is for shipment Aug. 11-20.
Here is the breakdown of bids:
Glencore:
60,000 tons Russian wheat at $256.00/ton
In-Vivo:
60,000 tons French wheat at $288.40/ton at one load port
Toepfer:
2 60,000 ton shipments soft red winter wheat at $285.20/ton
freight on board US Gulf
Nidera:
55,000 tons soft red winter wheat at $299.95/ton at one or two
load ports freight on board St Lawr and 60,000 tons Russian wheat
at $249.95/ton freight on board Novo.
Allegrow:
60,000 tons Russian wheat at $257.00/ton.
Dreyfus:
60,000 tons Russian wheat at $253.74/ton and 60,000 tons French
wheat at $289.74/ton at one or two load ports.
Viterra:
60,000 tons French wheat at $279/ton at two load ports.
Soufflet:
60,000 tons French wheat at $281.80/ton at two load ports
Bunge:
60,000 tons Russian wheat at $247.50/ton.
Aston:
60,000 tons Russian wheat at $245.59/ton + 18.25 French
wheat
Venus:
60,000 tons soft red winter wheat at $280.00/ton freight on
board US Gulf
Granit:
60,000 tons French wheat at $284.80/ton at one load port.
Cargill:
60,000 tons Russian wheat at $249.80/ton.
-By Matt Bradley, Dow Jones Newswires; +20188750572;
matt.bradley@dowjones.com
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