CAIRO- An Egyptian state purchase tender for rice attracted a lowest offer of $409.90 a tonne for Chinese cargoes, traders said on Thursday.
The offer was presented by Wakalex for a cargo of 20,000 tonnes for shipment between March 20 and April 20 and for another cargo of 48,000 tonnes for shipment April 1-30.
Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), is seeking rice with 10-12 percent broken parts on a cost, insurance and freight (CIF) basis.
GASC did not specify when it would announce the tender results.
Traders said the following offer was presented at the tender for shipment March 20 - April 20:
* Wakalex: 20,000 tonnes of Chinese rice at $409.90 per tonne CIF and inland transportation costs of 569.76 Egyptian pounds ($32.45)
Traders said the following were the offers presented at the tender for shipment April 1-30:
* Wakalex: 48,000 tonnes of Chinese rice at $409.90 per tonne CIF and inland transportation costs of 569.76 Egyptian pounds ($32.45)
* Mufaddal: 25,000 tonnes of Vietnamese rice at $539.00 per tonne CIF and inland transportation costs of 587 Egyptian pounds ($33.43)
* Al-Amal: 20,000 tonnes of Chinese rice at $414.70 per tonne CIF and inland transportation costs of 570 Egyptian pounds ($32.46).
($1 = 17.5600 Egyptian pounds)
(Reporting by Nadine Awadalla and Maha El Dahan Editing by David Goodman and Dale Hudson) ((Sami.Aboudi@thomsonreuters.com; +20223948181;))
