Egypt buys 175,000 tonnes Russian and Romanian wheat

Tuesday 26-08-2014 06:50 PM
Egypt buys 175,000 tonnes Russian and Romanian wheat

Wheat is seen in Toukh, El-Kalubia governorate, about 25 km (16 miles) northeast of Cairo, April 12, 2013.REUTERS/Amr Abdallah Dalsh

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CAIRO, Aug 26 (Reuters) - Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), on Tuesday bought 175,000 tonnes of Russian and Romanian wheat for shipment on Sept. 21-30, GASC and traders said.

Two traders gave the following breakdown of the purchase on a cost and freight basis: 60,000 tonnes of Romanian wheat from Invivo at $257.77 a tonne 60,000 tonnes of Russian wheat from Bunge at $259.29 a tonne 55,000 tonnes of Russian wheat from Bunge at $259.43 a tonne (Reporting by Yasmine Saleh and Michael Hogan; editing by Keiron Henderson)

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