State grain buyer GASC purchased 415,000 tonnes of Russian wheat in two international tenders on Wednesday, according to Al Shorouk. The shipments are due for delivery between 28-29 February and 1-10 March, according to the GASC tender offer. Russian suppliers’ “clean sweep” in the GASC tender pushed wheat futures trading on Paris’ Euronext and the Chicago exchange to drop, reflecting the “dampened hopes for EU and US exports,” according to Reuters.
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