Egypt buys 300,000 tons of Romanian and Russian wheat

Egypt purchased Saturday an additional 300,000 tons of imported wheat in a public tender on a free-on-board basis with a separate freight offer, the General Authority for Supply Commodities (GASC) said on its website.

The state grain buyer GASC said the cargos are expected to be shipped from 21 to 30 August, giving a breakdown of the second imported wheat deal in 2016 as follows:

— 120,000 tons of Romanian wheat from Amerroba at $174.33 per ton.

— 60,000 tons of Romanian wheat from Cerialcom at $174.99 per ton.

— 60,000 tons of Russian wheat from Aston at $175.05 per ton.

— 60,000 tons of Russian wheat from Louis Dreyfus at $176.25 per ton.

Last week, GASC announced the purchase of 180,000 tons of Ukrainian and Russian wheat with an average price of $173.03 per ton.

The wheat tender comes after the Egyptian government decided to allow up to 0.05 percent ergot, a common grains fungus, in imported wheat shipments.