Egypt's GASC believed to have made wheat purchase in private talks -traders
Egypt's state grains buyer, the General Authority for Supply Commodities (GASC), is believed to have made a wheat purchase in private talks on Tuesday, several traders told Reuters.
One trader estimated a purchase of 500,000 tons of wheat, and a second trader gave a higher estimate of around a million tons.
The wheat is believed to be of Russian origin with shipment expected in November and December, the traders told Reuters.
GASC did not immediately respond to a request for comment.