Egypt Buys All Russian Wheat For the 4th Time in a Row
Bottom Line: Egypt’s GASC bought 230,000 MT today. For the fourth time in a row, Russia captured all the business. On a FOB basis, the average price paid was $198.68/MT, unchanged from the last tender (Oct 10). The CIF price was $213.88/MT vs the last tender’s price of $214.02/MT. With Egypt continuing to dispute cargoes…