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Egypt’s GASC seeks wheat for Nov. 10-20 shipment

Egypt’s General Authority for Supply Commodities (GASC) set a tender on Monday to buy an unspecified amount of wheat from global suppliers for shipment from Nov. 10-20.

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 Tuesday. The results should come out after 3:30 p.m. (1330 GMT) on the same day. Wheat bids should be free-on-board, with a separate freight offer.

In its most recent international wheat tender on Oct. 2, GASC bought 60,000 tonnes of French wheat for shipment Nov. 5-15. GASC had been in the market for wheat for a second shipment period of Nov. 15-25 but did not make a purchase.

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.
Source: Reuters (Reporting by Maha El Dahan in Dubai; writing by Julie Ingwersen in Chicago Editing by Leslie Adler and Dan Grebler)

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