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Egypt's state commodity buyer commits to 240,000 tons of soft wheat

Russia and Romania are the suppliers of the latest shipments due in October, says authority chairman

Reuters, Thursday 18 Aug 2011
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Egypt, the world's largest wheat importer, has bought 240,000 tonnes of Russian and Romania wheat for 1-10 October shipment on a free on board basis, the main government wheat buyer said on Thursday.

Nomani Nomani, vice chairman of the General Authority for Supply Commodities (GASC), gave the following breakdown of the purchases:

-- 60,000 tonnes of Russian wheat from Cargill at US$272.90 per tonne

-- 60,000 tonnes of Russian wheat from Aston at $277.49 per tonne

-- 60,000 tonnes of Romanian wheat from Ameropa at $278 per tonne

-- 60,000 tonnes of Russian wheat from Bunge at $277.50 per tonne 

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