Egypt purchased Russian and Romanian wheat

29.07.2016

On July 28 Egypt purchased 120 KMT of milling wheat from Romania and Russia to be shipped during September 1-10, 2016 at the average price of USD 177.18/MT C&F. The price in the previous tender equaled USD 175.16/MT C&F.

The purchase included:

- 60 KMT of Romanian wheat from ADM at USD 177.99/MT C&F (USD 169.90/MT FOB with a freight rate USD 8.09/MT);

- 60 KMT of Russian wheat from ADM at USD 176.36/MT C&F (USD 168.85/MT FOB with a freight rate USD 7.51/MT). In the previous tender, on July 16, Egypt bought 300 KMT of Romanian and Russian origin to be shipped during August 21-30, 2016.

More detailed information on tenders is available to subscribers for weekly market report "Black Sea Grain & Oil" by UkrAgroConsult.

 

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