{"id":602383,"date":"2019-03-26T03:45:39","date_gmt":"2019-03-26T03:45:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/"},"modified":"2019-03-26T03:45:39","modified_gmt":"2019-03-26T03:45:39","slug":"gasc-reverts-to-delayed-payment-schedules-for-imported-wheat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/","title":{"rendered":"GASC reverts to delayed payment schedules for imported wheat"},"content":{"rendered":"

State grain purchaser GASC announced that they would be reverting to a delayed payment schedule on the upcoming wheat tender, fulfilling payments to suppliers within 180 days, a government source and traders told Reuters.<\/a><\/u> GASC had made immediate payment on their January and February tenders this year, but the return to deferred payments will likely drive prices up for the upcoming tender, which is expected to take place later today for an unspecified quantity of wheat, according to Reuters Arabic service.<\/a><\/u><\/p>\n","protected":false},"excerpt":{"rendered":"

State grain purchaser GASC announced that they would be reverting to a delayed payment schedule on the upcoming wheat tender, fulfilling payments to suppliers within 180 days, a government source and traders told Reuters. GASC had made immediate payment on their January and February tenders this year, but the return to deferred payments will likely […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9309],"tags":[2416,72,550,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602383","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","tag-gasc","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"adbd42f1-92c7-4c64-a9f8-c474c8b00ac0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[602357],"teaser":"","voice_url":""},"yoast_head":"\nGASC reverts to delayed payment schedules for imported wheat - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GASC reverts to delayed payment schedules for imported wheat\" \/>\n<meta property=\"og:description\" content=\"State grain purchaser GASC announced that they would be reverting to a delayed payment schedule on the upcoming wheat tender, fulfilling payments to suppliers within 180 days, a government source and traders told Reuters. GASC had made immediate payment on their January and February tenders this year, but the return to deferred payments will likely […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-26T03:45:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GASC reverts to delayed payment schedules for imported wheat\",\"datePublished\":\"2019-03-26T03:45:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\",\"GASC\",\"wheat\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/gasc-reverts-to-delayed-payment-schedules-for-imported-wheat\/\",\"name\":\"GASC reverts to delayed payment schedules for imported wheat - 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GASC had announced it would be reverting to a delayed payment schedule, which led to an increase of USD 4\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600476,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/egypts-gasc-purchases-360k-of-wheat-in-first-tender-under-new-payment-terms\/","url_meta":{"origin":602383,"position":1},"title":"Egypt\u2019s GASC purchases 360k of wheat in first tender under new payment terms","author":"enterpriseam admin","date":"30 January 2019","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) purchased 180k tonnes of French and 180k tonnes of Romanian wheat yesterday in Egypt\u2019s first wheat tender under new payment terms, reports Reuters\u2019 Arabic service. GASC paid an average price USD 2.14 lower than the price it paid three weeks ago, according to\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/1615.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600218,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/22\/gasc-to-change-payment-terms-to-at-sight-lcs-for-egypts-wheat-tenders\/","url_meta":{"origin":602383,"position":2},"title":"GASC to change payment terms to at-sight LCs for Egypt\u2019s wheat tenders","author":"enterpriseam admin","date":"22 January 2019","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) will begin using at-sight letters of credit (LCs) for upcoming wheat tenders, assuring payments to suppliers as soon as they submit the necessary documents, according to Reuters. The state grain buyer had been relying on 180-day \u201cusance letters of credit\u201d for all previous\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649492,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/","url_meta":{"origin":602383,"position":3},"title":"GASC launches wheat tender on Tuesday","author":"enterpriseam admin","date":"1 March 2017","format":false,"excerpt":"GASC launched a wheat tender on Tuesday for 60K tonnes of wheat for delivery on 1-10 April, Reuters reports.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645605,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/25\/gasc-issues-global-wheat-tender\/","url_meta":{"origin":602383,"position":4},"title":"GASC issues global wheat tender","author":"enterpriseam admin","date":"25 July 2017","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) issued a global tender yesterday for an unspecified amount of soft and milling wheat to be delivered between 1 and 10 September, Reuters reports.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637136,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/08\/gasc-issues-tender-for-wheat-delivery-in-december\/","url_meta":{"origin":602383,"position":5},"title":"GASC issues tender for wheat delivery in December","author":"enterpriseam admin","date":"8 November 2017","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) issued a tender on Tuesday to purchase an unspecified amount of wheat, to be delivered between 15 and 30 December, Reuters reports.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=602383"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/602383\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/602357"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=602383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=602383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=602383"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=602383"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=602383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}