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Ahram Online: Egypt's GASC buys 120,000 tonnes Russian wheat

The wheat was purchased at the average price of $179.70 a tonne free-on-board (FOB), GASC said.
23.10.16 | Interesting article at Ahram Online

Egypt's state grain buyer GASC said on Thursday it bought 120,000 tonnes of Russian wheat in a tender.
The wheat was purchased at the average price of $179.70 a tonne free-on-board (FOB), GASC said.

Traders gave the following breakdown of the purchase:

-60,000 tonnes of Russian wheat from Cargill at $179.55 a tonne FOB and $9.74 a tonne freight equating to $189.29 a tonne cost and freight (C&F)

-60,000 tonnes of Russian wheat from ECTP at $179.85 a tonne FOB and $9.74 a tonne freight equating to $189.59 a tonne C&F.