Egypt imports wheat from Romania priced at 15.5 mln dollar

The Egyptian government purchased additional 60,000 tonnes of wheat from Romania in a tender held earlier this week, paying about 15.52 million dollar, following similar transactions carried out in August and September.

According to a notification on the website of the General Authority for Supply Commodities (GASC), the wheat priced at 258.62 dollar per tonne was provided by the grain trader Nedera. The wheat, whose price does not include insurance tax, will be delivered between November 21 and 30.

Egypt has already purchased over 500,000 tonnes of wheat from Romania, to date, the highest price paid being 263.35 dollar per tonne.

Besides the grain bought from Romania, the African country, which is the largest wheat importer worldwide, also acquired 60,000 tonnes of wheat from Russia and an equal amount from France, at lower prices: 256.43 dollar per tonne and 252.67 dollar per tonne, respectively.