April 27, 2006

Egypt's GASC buys 235,000 tonnes French, US wheat

Egypt's General Authority For Supply Commodities (GASC) said Wednesday (Apr 26) it had bought 235,000 tonnes of French and US wheat, on a free on board basis, for shipment May 21-31.

GASC bought two cargoes of 60,000 tonnes each of French wheat from Glencore at US$137.47 a tonne, 60,000 tonnes of US soft, white wheat from Louis Dreyfus at US$134.32/tonne, 55,000 tonnes of US soft white wheat from Bordeaux at US$137.89/tonne, Nomani Nomani, General Manager of GASC said.