GASC issued wheat purchasing tender on 3.8 mln tons
On August 12, 2024 Egyptian GASC will hold the largest tender in its history for 3.8 mln tons milling wheat purchasing.
It seems that Egypt will try to change the format of the tender – similar to Saudi Arabia and take advantage of the seasonal decline in wheat prices.
FOB delivery period: 1-15 and/or 16-30 of each month from October 2024 until April 2025.
Egypt bought 770 K mt of Bulgarian and russian milling wheat at an average price of USD 241.07/t, C&F at the previous tender on July 16, 2024.
More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics “Black Sea Grain” in the new innovative tool for agri market participants – AgriSupp by UkrAgroConsult. Subscribe to a 7-day free trial!
Start using analytical data and increase your efficiency now!
Register to get your demo access: http://agrisupp.com/en/register/1
Read also
Wheat in Southern Brazil Impacted by Dry Weather and Frosts
Oilseed Industry. Leaders and Strategies in the Times of a Great Change
Black Sea & Danube Region: Oilseed and Vegoil Markets Within Ongoing Transfor...
Serbia. The drought will cause extremely high losses for farmers this year
2023/24 Safrinha Corn in Brazil 91% Harvested
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon