# Egypt's GASC Buys 120,000 Tonnes Wheat In Tender

> Egypt's state buyer GASC purchased 120,000 tonnes of Russian wheat in a tender, in two 60,000-tonne consignments. Prices were about $223.50 a tonne c&f, or $208 FOB plus $15.50 freight.

- Date: 2018-02-21 · published 2018-02-21T12:00:00.000Z
- Category: trade · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/66400-egypt-s-gasc-buys-120-000-tonnes-wheat-in-tender
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Egypt is the world's largest wheat buyer, so steady purchases at firm Black Sea prices support wheat values and feed-grain alternatives.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2019-06-12 | [Egypt's GASC receives offers in wheat tender \| Amwal Al Ghad](https://feedsoft.ai/events/58489-egypt-s-gasc-receives-offers-in-wheat-tender-amwal-al-ghad.md) | -5.3% | -8.6% |
| 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 | 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) | +0.8% | +0.0% |
| WHEAT | 2026-10-29 | [Tunisia buys 100 thsd tons each of wheat and feed barley in tender](https://feedsoft.ai/events/2034-tunisia-buys-100-thsd-tons-each-of-wheat-and-feed-barley-in-tender.md) | -0.4% | — |
| KWHEAT | 2019-06-12 | [Egypt's GASC receives offers in wheat tender \| Amwal Al Ghad](https://feedsoft.ai/events/58489-egypt-s-gasc-receives-offers-in-wheat-tender-amwal-al-ghad.md) | +1.7% | -3.6% |
| 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% |
| KWHEAT | 2020-09-23 | [Taiwan buys 91,300 tonnes wheat of US-origin - Markets - Business Recorder](https://feedsoft.ai/events/51176-taiwan-buys-91-300-tonnes-wheat-of-us-origin-markets-business-recorder.md) | -3.2% | +16.1% |

## Sources

- marinelink.com: https://www.marinelink.com/news/egypts-tonnes-tender434218

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