Egypt bought French wheat in tender first time in the current season

In the tender held on August 27, Egypt purchased 350 KMT of wheat from France, Ukraine and Russia for delivery on October 1 – 10, 2019, at an average price of $216.29/MT C&F. The purchase price in the previous tender equaled $217.86/MT C&F, reports UkrAgroConsult.

So, the following was purchased in the tender:

 

Quantity, KMT

Origin

Shipper

FOB ($)

Freight ($)

C&F ($)

1

60

France

Glencore

193.60

21.49

215.09

2

60

Russia

Garant Logistics

199.40

16.47

215.87

3

55

Russia

Posco Daewoo

199.40

16.85

216.25

4

55

Russia

Posco Daewoo

199.40

17.22

216.62

5

60

Russia

Posco Daewoo

199.40

17.90

217.30

6

60

Ukraine

Louis Dreyfus

198.35

18.25

216.60

In the previous tender held on August 15, 2019, Egypt purchased 295 KMT of milling wheat from Ukraine and Russia for delivery on September 15 – 30, 2019.

More detailed information on the latest trends in grain exports, supply and demand balances with breakdown by crop, price behavior, crop conditions and progress in harvesting/planting in the countries of Black Sea Region is available to subscribers for Online Analytics "Black Sea Grain" in the new innovative tool for agri market participants – AgriSupp.com by UkrAgroConsult. We offer 2-week trial! Completely free!

Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019 in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

 

UkrAgroConsult

 

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