Egypt opted for cheaper Russian wheat 8 July, 2020 at 18:07

On July 7, 2020, Egypt bought 230 KMT of wheat from Russia for delivery on August 8 - 18, 2020 at an average price of $218.80/MT C&F. The purchase price in the previous tender equaled $218.40/MT C&F, UkrAgroConsult reports.

 

The following was purchased in the tender:

 

Quantity, KMT

Origin

Shipper

FOB ($)

Freight ($)

C&F ($)

1

60

Russia

Grain Export

205.60

13.20

218.80

2

60

Russia

Hakan

205.60

13.20

218.80

3

55

Russia

GTCS

204.80

14.00

218.80

4

55

Russia

GTCS

204.80

14.00

218.80

In the previous tender held on June 18, 2020, Egypt purchased 240 KMT of Russian wheat for delivery on July 25 – August 5, 2020.