Egypt's GASC receives offers in wheat purchase tender

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

  

HAMBURG- The lowest offer in an international wheat buying tender from Egypt's state commodities buyer GASC on Wednesday was believed to be $327.00 a tonne, free on board (FOB), for wheat sourced from Russia, traders said in initial assessments.

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

No purchase has been made and the result is expected later on Wednesday, they said.

The wheat was sought for shipment between Dec. 1 and Dec. 10.

(Reporting by Michael Hogan Writing by Sybille de La Hamaide Editing by David Goodman) ((Sybille.deLaHamaide@thomsonreuters.com; +336 8774 4148;))


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