Egypt's GASC seeks wheat in tender for shipment September 1-15

Tenders should reach GASC by noon (1000 GMT) on Monday

  
A farmer carries a bundle of wheat after harvesting it from a field in the Gharbia Governorate, as Egypt ramps up efforts to slow the spread of the coronavirus disease (COVID-19), Egypt May 14, 2020.

A farmer carries a bundle of wheat after harvesting it from a field in the Gharbia Governorate, as Egypt ramps up efforts to slow the spread of the coronavirus disease (COVID-19), Egypt May 14, 2020.

REUTERS/Mohamed Abd El Ghany

CAIRO - Egypt's General Authority for Supply Commodities (GASC) set a tender on Saturday to buy an unspecified amount of wheat from global suppliers for shipment from Sept. 1-15 for payment using 180-day letters of credit.

GASC Vice Chairman Ahmed Youssef said the authority was seeking to buy cargoes of soft and/or milling wheat from the United States, Canada, Australia, France, Germany, Poland, Argentina, Russia, Kazakhstan, Ukraine, Romania, Bulgaria, Hungary, Paraguay and Serbia.

Tenders should reach GASC by noon (1000 GMT) on Monday. The results should come out after 3:30 p.m. (1330 GMT) on the same day.

At its last tender on June 28, GASC bought 180,000 tonnes of Romanian wheat for shipment Aug. 25-Sept 5.

For the current tender, GASC is seeking to buy 55,000- to 60,000-tonne cargoes of the following:

U.S. North Pacific soft white wheat;

U.S. hard red winter wheat;

U.S. soft red winter wheat;

Russian milling wheat;

Ukrainian milling wheat, and

Australian standard white wheat.

GASC is also seeking 60,000-tonne cargoes of the following:

Canadian soft wheat;

French milling wheat;

German milling wheat;

Argentine bread wheat;

Polish milling wheat;

Kazakh milling wheat;

Romanian milling wheat;

Bulgarian milling wheat;

Serbian milling wheat;

Hungarian milling wheat, and

Paraguayan milling wheat.

(Reporting by Nadine Awadalla; Editing by Alex Richardson) ((Nafisa.Eltahir@thomsonreuters.com;))


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