Egypt bought wheat from France, USA and Ukraine

11.02.2019

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, reports UkrAgroConsult.

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

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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.

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 weekly market report "Black Sea Grain" by UkrAgroConsult.

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