CAIRO: Egypt's state grains buyer GASC has bought 180,000 tonnes of wheat for shipment over Nov. 1-10 and a further 295,000 tonnes for shipment over Nov. 11-20, it said on Tuesday.
GASC said that all of the wheat was Russian, apart from one 60,000 tonne cargo of Ukrainian wheat.
Traders gave the following breakdown of the purchase in dollars per tonne:
* For shipment Nov. 1-10
- 60,000 tonnes of Russian wheat from GTCS at $226 free on board (FOB) and $17.10 freight, equating to $243.10 cost and freight (C&F).
- 60,000 tonnes of Russian wheat from GTCS at $227.50 FOB and $17.10 freight, equating to $244.60 C&F.
- 60,000 tonnes of Ukrainian wheat from Louis Dreyfus at $227.73 FOB and $16.87 freight, equating to $244.60 C&F.
* For shipment Nov. 11-20
- 60,000 tonnes of Russian wheat from Garant at $225.95 FOB and $17.10 freight, equating to $243.05 C&F.
- 60,000 tonnes of Russian wheat from Daewoo at $227.50 FOB and $17.10 freight, equating to $244.60 C&F.
- 60,000 tonnes of Russian wheat from ADM at $228.65 FOB and $16.35 freight, equating to $245 C&F.
- 60,000 tonnes of Russian wheat from Aston at $227.85 FOB and $17.10 freight, equating to $244.95 C&F.
- 55,000 tonnes of Russian wheat at $227.50 FOB and $17.56 freight, equating to $245.06 C&F.
For a full list of offers presented in the tender, click urn:newsml:reuters.com:*:nL8N1W4495
(Reporting by Nadine Awadalla and Maha El Dahan in Cairo and Michael Hogan in Hamburg Editing by David Goodman) ((Maha.Dahan@thomsonreuters.com; + 9712 4082101; Reuters Messaging: maha.dahan.thomsonreuters.com@reuters.net))
