# Egypt changes wheat tender requirements | World-grain.com | February 07, 2018 14:34 | World Grain

> Egypt's GASC amended its wheat tender terms, capping demurrage at 12 days at $12,000 a day and raising sieving fees to $3 a tonne. It also relaxed protein minimums for several origins, including Russian, Romanian, Ukrainian, French, and US wheat.

- Date: 2018-02-07 · published 2018-02-07T12:00:00.000Z
- Category: trade · region Egypt · magnitude low
- Page: https://feedsoft.ai/events/66403-egypt-changes-wheat-tender-requirements-world-grain-com-february-07-2018-14-34
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

Looser protein specifications widen the pool of eligible origins and may draw more supply to Egyptian tenders, while lower demurrage costs may bring back traders who had stopped bidding, supporting wheat demand.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: neutral

## 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 | 2020-04-27 | [Russia to halt wheat exports \| 2020-04-27  \| World Grain](https://feedsoft.ai/events/53497-russia-to-halt-wheat-exports-2020-04-27-world-grain.md) | -0.5% | +0.4% |
| WHEAT | 2017-03-20 | [Ukraine grain exports top 30 million tonnes \| World-grain.com \| March 20, 2017 13:34 \| World Grain](https://feedsoft.ai/events/71838-ukraine-grain-exports-top-30-million-tonnes-world-grain-com-march-20-2017-13-34.md) | -2.8% | -0.8% |
| 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 | 2020-11-30 | [Grain export 2020/21: wheat shipment under the MoU reached 68% — Latifundist.com](https://feedsoft.ai/events/50013-grain-export-2020-21-wheat-shipment-under-the-mou-reached-68-latifundist-com.md) | -0.9% | +8.3% |
| KWHEAT | 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) | -3.2% | -4.5% |
| KWHEAT | 2017-09-29 | [EU wheat eases after U.S. data, Algeria tender gives export boost](https://feedsoft.ai/events/8734-eu-wheat-eases-after-u-s-data-algeria-tender-gives-export-boost.md) | -4.1% | -5.5% |
| KWHEAT | 2019-02-13 | [Russian dominance over world wheat markets slows - Farmers Weekly](https://feedsoft.ai/events/60537-russian-dominance-over-world-wheat-markets-slows-farmers-weekly.md) | -8.5% | -12.7% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/9338-egypt-changes-wheat-tender-requirements

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