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Egypt buys 475,000 T Russian, Romanian, Ukrainian wheat

Reuters, Thursday 6 Sep 2012
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Egypt, the world's biggest importer of wheat, bought 475,000 tonnes of Russian, Romanian and Ukraine wheat for shipment Oct. 21-31 and Nov. 1-10, the main government wheat buyer said on Thursday.

Of the total, it bought 300,000 tonnes for the October shipment period and 175,000 tonnes for the November shipment period.

Nomani Nomani, Vice Chairman of the General Authority for Supply Commodities (GASC), gave a breakdown of the purchases.

He listed shipments for Oct. 21-31 as:

- 60,000 tonnes of Russian wheat from Olam at $327.45/tonne and freight of $11.48/tonne.

- 60,000 tonnes of Russian wheat from Glencore at $328.85/tonne and freight of $11.94/tonne.

- 60,000 tonnes of Russian wheat from Toepfer at $328.85/tonne and freight of $11.97/tonne.

- 60,000 tonnes of Russian wheat from Soyuz at $330.64/tonne and freight of $11.97/tonne.

- 60,000 tonnes of Romanian wheat from Toepfer at $333/tonne and freight of $11.30/tonne.

He listed the shipments for Nov. 1-10 as:

- 55,000 tonnes of Ukraine wheat from Venus at $329.51/tonne and freight of $13.40/tonne.

- 60,000 tonnes of Russian wheat from Glencore at $332.89/tonne and freight of $11.97/tonne.

- 60,000 tonnes of Romanian wheat from Bunge at $336.33/tonne and freight of $11.25/tonne.

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