Egypt's GASC cancels international tender for wheat

The offer was believed to have been submitted by trading house Olam for 60,000 tonnes

  

CAIRO-  Egypt's General Authority for Supply Commodities (GASC) said on Tuesday it has cancelled an international tender to buy an unspecified amount of wheat from global suppliers for shipment from Nov. 23-Dec. 3.

The tender was cancelled due to high prices offered that did not match the direction of international markets, GASC said.

(Reporting by Nafisa Eltahir; Editing by Edmund Blair) ((Nafisa.Eltahir@thomsonreuters.com;))


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