Egypt purchased Russian wheat for the second time


On August 26 Egypt purchased 180 KMT of milling wheat from Russia for shipment during September 26 – October 05, 2016 at the average price of USD 185.52/MT C&F. The price at the previous tender equaled USD 177.09/MT C&F.

The purchase included:

  • 120 KMT of Russian wheat from Union at USD 185.15/MT C&F (USD 177.35/MT FOB with a freight rate USD 7.80/MT);
  • 60 KMT of Russian wheat from Daewoo at USD 186.25/MT C&F (USD 178.45/MT FOB with a freight rate USD 7.80/MT).

According to UkrAgroConsult, at the last tender, on August 02, Egypt also took only Russian wheat (60 KMT to be shipped during September 11-20, 2016).

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




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