Egypt’s GASC Continues to Purchase Wheat Via Private Negotiations. Bought 240,000 MT of Russian Wheat for Lowest Price Since Start of Ukraine War.
Summary: Yesterday, Egypt’s GASC purchased 240,000 MT of wheat from Russia for shipment from Sep 20 – Nov 10. This is the first time since Nov that GSAC purchased all its wheat from Russia. News services reported that the estimated average CIF price paid was $368 MT. That is down $34.50 MT from the average…