Egypt books 80,000 tons of wheat at World Bank-funded tender: traders

Egypt’s state grains buyer GASC is believed to have booked 80,000 tons of Russian wheat on Tuesday, traders told Reuters.
The purchase was comprised of two 40,000-ton cargoes of Russian wheat at a price of $339 per ton on a C&F basis, traders further said.
The supplier is Grain Flower, according to the traders.
Further approvals might be needed from the World Bank, which is funding purchases from Tuesday’s tender, they added, saying the GASC could book an additional three cargoes from the same supplier in the coming days.

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