Russian wheat no longer competitive
30 January, 2019 at 13:01
In the tender of January 29, Egypt purchased French wheat for the first time this season. In addition, it bought wheat from Romania. A total 360 KMT of wheat was purchased there for delivery on March 11-20, 2019, at an average price of $262.77/MT C&F. The purchase price in the previous tender equaled $264.87/C&F.
So, the purchase included the following:
|
|
Quantity, KMT |
Origin |
Shipper |
FOB ($) |
Freight ($) |
C&F ($) |
|
1 |
60 |
Romania |
ADM |
249.89 |
11.45 |
261.34 |
|
2 |
60 |
Romania |
COFCO |
250.76 |
11.45 |
262.21 |
|
3 |
60 |
Romania |
Cargill |
252.00 |
10.50 |
262.50 |
|
4 |
60 |
France |
Glencore |
247.80 |
17.15 |
264.95 |
|
5 |
60 |
France |
Glencore |
247.80 |
15.00 |
262.80 |
|
6 |
60 |
France |
Soufflet |
247.80 |
15.00 |
262.80 |
In the previous tender on January 9, Egypt bought 415 KMT of milling wheat from Russia to be delivered on February 20-28 and on March 1-10, 2019.
