The General Authority for Supply Commodities (GASC) purchased 235k tonnes of Russian wheat in an international tender yesterday, according to Reuters’ Arabic service. The lowest offer received in a tender for 55,000 tonnes of wheat was USD 222.70 per tonne FOB from trading firm Daewoo, traders tell Reuters. The shipment is due between 25 October and 4 November. GASC last purchased wheatat an average price of USD 241.31 per tonne.
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