UPDATE 1-Egypt’s GASC seeks wheat for Aug 11-20 shipment – RTRS | News | Thomson Reuters Eikon 6/30/14

UPDATE 1-Egypt’s GASC seeks wheat for Aug 11-20 shipment – RTRS

30-Jun-2014 14:24

(Adds tender details and background)

ABU DHABI, June 30 (Reuters) – Egypt’s General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Aug. 11 to 20.

Mamdouh Abdel Fattah, vice chairman of GASC, the country’s main wheat buying agency and one of the world’s biggest state importers of wheat, is seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine and Romania.

Tenders should reach GASC by noon local time (1000 GMT) on Tuesday and the results should come out after 3:30 p.m. on the same day. Wheat bids should be free-on-board, with a separate freight offer.

In its last international wheat purchase on June 21, GASC bought 180,000 tonnes of Russian and Romanian wheat for shipment Aug. 1-10. (Full Story)

GASC is seeking to buy 55,000- to 60,000-tonne cargoes of the following:

 

  • U.S. North Pacific soft white wheat
  • U.S. soft red winter wheat
  • Russian milling wheat
  • Ukrainian milling wheat
  • Australian standard white wheat

It is also seeking 60,000-tonne cargoes of the following:

 

  • Canadian soft wheat
  • French milling wheat
  • German milling wheat
  • Argentine bread wheat
  • Polish milling wheat
  • Kazakh milling wheat
  • Romanian milling wheat

 

(Reporting by Maha El Dahan in Abu Dhabi, writing by Julie Ingwersen in Chicago; Editing by Marguerita Choy) ((Julie.ingwersen@thomsonreuters.com)(1-312-408-8710)(Reuters Messaging: julie.ingwersen.thomsonreuters.com@reuters.net))

 

Keywords: EGYPT WHEAT/

 

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