The state buyer of grains from Egypt, GASC, paid $ 1.57 / tm less for 350,000 tm that bought the martes in bidding, as the French wheat was offered aggressively and reserved for the first time since February of this year, said sources of the market the Agricensus.
GASC paid an average price of $ 216.27/t CFR Egypt for wheat for delivery between October 1 and 10, compared to the $ 217.84/t it paid for the 295,000 t it reserved a few weeks ago and which was delivered during the second half of September.
French wheat was the main attraction, with its original price being $ 5/t cheaper than the second most competitive cargo at $ 193.6/t FOB La Pallice sold by Glencore. It was also the most competitive load according to the destination of $ 215.09 / despite being the most expensive load.
LDC sold individual Ukrainian cargo at a price of $ 216.6/t with a freight cost of $ 18.25/t of cargo in Odesa.
The remaining four cargoes in a combined volume of 230,000 tm were of Russian origin with three sold by Posco Daewoo at an origination price of $ 199.4/t with two cargoes to be loaded in Novorossiysk and one in Tuapse.
The fourth was sold by Garant Logistik to be loaded in Novorossiysk at the same original price.
The freight differed for each load, with loads of 55,000 tm carrying an average freight of $ 17.56/tm while loads of 60,000 tm carried a load of $ 16.66/tm.
Complete details of previous GASC purchases are available on the Agricensus Panel Tenders .
Source: AgriCensus
