{"id":634318,"date":"2018-01-11T04:01:00","date_gmt":"2018-01-11T04:01:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/gasc-manages-to-hold-wheat-tender-after-clearing-fee-issues-with-suppliers\/"},"modified":"2018-01-11T04:01:00","modified_gmt":"2018-01-11T04:01:00","slug":"gasc-manages-to-hold-wheat-tender-after-clearing-fee-issues-with-suppliers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/gasc-manages-to-hold-wheat-tender-after-clearing-fee-issues-with-suppliers\/","title":{"rendered":"GASC manages to hold wheat tender after clearing fee issues with suppliers"},"content":{"rendered":"

State grain buyer the General Authority for Supply Commodities (GASC) received seven bid in its first wheat tender of the year following additional negotiations that contractual issues will be amended, the head of the Institute for Agricultural Market Studies (IKAR), Dmitry Rylko, told Interfax<\/a>. \u201cThe difficulty arose from Egypt's attempt to begin enforcing a little-used rule. \u2018Recently GASC found in its documents a rule under which it has the right to charge supplying companies demurrage fees,\u2019 Rylko said. \u2018The suppliers were informed of this two days ago,\u2019 he said, adding that the rule was to be applied to all demurrage instances retroactively to the beginning of the current agricultural year, that is, July 2017. \u2018There were quite a lot of them,\u2019 he said.\u201d Initial media reports suggested that no bids were received, but after resolving the issues, seven companies presented bids, Rylko says.<\/p>\n","protected":false},"excerpt":{"rendered":"

State grain buyer the General Authority for Supply Commodities (GASC) received seven bid in its first wheat tender of the year following additional negotiations that contractual issues will be amended, the head of the Institute for Agricultural Market Studies (IKAR), Dmitry Rylko, told Interfax. \u201cThe difficulty arose from Egypt's attempt to begin enforcing a little-used […]<\/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],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634318","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"8431a069-2641-4193-bd20-541765e8f0e7","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"GASC manages to hold wheat tender after clearing fee issues with suppliers","related_issue":[634286],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.102f6035-5e20-4aad-9f5d-282c155e0e4e.mp3"},"yoast_head":"\nGASC manages to hold wheat tender after clearing fee issues with suppliers - 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The change was meant to calm wary suppliers, some of whom shunned recent state tenders after a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634246,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/agriculture-ministry-forms-committee-to-amend-agriculture-quarantine-regulations\/","url_meta":{"origin":634318,"position":1},"title":"Agriculture Ministry forms committee to amend agriculture quarantine regulations","author":"enterpriseam admin","date":"10 January 2018","format":false,"excerpt":"A step toward fixing our broken wheat policy? The Agriculture Ministry has formed a committee to amend agriculture quarantine regulations, Central Administration of the Agricultural Quarantine Authority sources tell Al Borsa. Members of the committee include the head of the authority, officials from the ministry, and representatives from various other\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":623340,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/28\/egypts-gasc-buys-470k-tonnes-of-russian-ukrainian-and-us-wheat-in-tender\/","url_meta":{"origin":634318,"position":2},"title":"Egypt\u2019s GASC buys 470k tonnes of Russian, Ukrainian, and US wheat in tender","author":"enterpriseam admin","date":"28 October 2018","format":false,"excerpt":"The General Authority for Supply Commodities (GASC) purchased 470k tonnes of wheat in an international tender on Friday for delivery between 11-20 November, according to Reuters\u2019 Arabic service. The lowest offer was presented from Russia\u2019s ECTP at USD 248.80 per tonne, including shipping. 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