# Egypt's GASC receives offers in wheat tender | Amwal Al Ghad

> Egypt's GASC received offers in its first wheat tender in two months, with the lowest offer at $196.90 per tonne FOB for 60,000 tonnes of Russian wheat. GASC had removed demurrage penalties and adjusted grade rules for Ukrainian wheat.

- Date: 2019-06-12 · published 2019-06-12T12:00:00.000Z
- Category: trade · region Egypt · magnitude medium
- Page: https://feedsoft.ai/events/58489-egypt-s-gasc-receives-offers-in-wheat-tender-amwal-al-ghad
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Egypt, a major state wheat buyer, returning to the market with a competitive low offer supports Black Sea wheat export demand and gives a price reference for global wheat.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-02-21 | [Egypt's GASC Buys 120,000 Tonnes Wheat In Tender](https://feedsoft.ai/events/66400-egypt-s-gasc-buys-120-000-tonnes-wheat-in-tender.md) | +0.4% | +1.2% |
| WHEAT | 2017-09-26 | [Romanian wheat cargo to Egypt sieved, grain trade sceptical \| Amwal Al Ghad](https://feedsoft.ai/events/68842-romanian-wheat-cargo-to-egypt-sieved-grain-trade-sceptical-amwal-al-ghad.md) | +5.8% | +11.0% |
| WHEAT | 2019-08-06 | [Egypt's GASC buys 415,000 T of Russian, Romanian and Ukrainian wheat - traders](https://feedsoft.ai/events/57481-egypt-s-gasc-buys-415-000-t-of-russian-romanian-and-ukrainian-wheat-traders.md) | +0.1% | -3.0% |
| WHEAT | 2018-12-07 | [Egypt's GASC buys 350,000 tonnes of wheat: traders - Economy - Business - Ahram Online](https://feedsoft.ai/events/61484-egypt-s-gasc-buys-350-000-tonnes-of-wheat-traders-economy-business-ahram-online.md) | +1.9% | +2.8% |
| WHEAT | 2017-09-20 | [Egypt overpaid for wheat against the background of a reduction in the number of sellers](https://feedsoft.ai/events/68845-egypt-overpaid-for-wheat-against-the-background-of-a-reduction-in-the-number-of.md) | -6.6% | +3.5% |
| KWHEAT | 2018-02-21 | [Egypt's GASC Buys 120,000 Tonnes Wheat In Tender](https://feedsoft.ai/events/66400-egypt-s-gasc-buys-120-000-tonnes-wheat-in-tender.md) | +3.7% | -0.4% |
| KWHEAT | 2018-11-23 | [The Egyptian tender has significantly supported the price of wheat](https://feedsoft.ai/events/61955-the-egyptian-tender-has-significantly-supported-the-price-of-wheat.md) | -0.6% | +7.2% |
| KWHEAT | 2022-11-14 | [Saudi Arabia’s SAGO buys about 1 mln T wheat in tender](https://feedsoft.ai/events/38730-saudi-arabia-s-sago-buys-about-1-mln-t-wheat-in-tender.md) | -1.0% | -6.7% |

## Sources

- en.amwalalghad.com: https://en.amwalalghad.com/egypts-gasc-receives-offers-in-wheat-tender/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.