The lowest offer in the international tender from Egypt’s state commodities buyer GASC to buy wheat on Wednesday for shipment between Nov. 11 to Nov. 20 was believed to be $319.97 a tonne FOB for wheat sourced from Romania, traders said in initial assessments.
The lowest offer for the shipment period between Nov. 21 to Nov. 30 was believed to be $321.35 a tonne FOB for wheat sourced from Ukraine, traders said.
No purchase has been made and the result is expected later on Wednesday, they said.
Source: Reuters (Reporting by Michael Hogan)