Egypt bought wheat from France, USA and Ukraine

11 February, 2019 at 12:02

In the tender of February 8, Egypt purchased 300 KMT of wheat from France, USA and Ukraine for delivery on March 21-31, 2019, at an average price of $260.58/MT C&F. The purchase price in the previous tender equaled $262.77/C&F.

Russian wheat was too expensive to be competitive for the second consecutive tender.

So, the purchase included the following:

 

Quantity, KMT

Origin

Shipper

FOB ($)

Freight ($)

C&F ($)

1

60

France

Glencore

244.50

15.55

260.05

2

60

France

Glencore

244.50

17.15

261.65

3

60

USA

Cargill

234.47

25.53

260.00

4

60

USA

Cargill

234.47

25.53

260.00

5

60

Ukraine

Louis Dreyfus

247.90

13.30

261.20

In the previous tender on January 29, Egypt bought 360 KMT of milling wheat from France and Romania to be delivered on March 11 - 20, 2019.