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Egypt's main official wheat buyer said on Saturday he had bought 120,000 tonnes of soft white standard wheat from the Australian Wheat Board for July 1-31 shipment. Mahmoud Abdel-Hamid, vice chairman of the General Authority for Supply Commodities (GASC), told Reuters he had paid $142.30/tonne FOB for the wheat.
Since the start of Egypt's financial year on July 1, GASC has bought at least 5.34 million tonnes of wheat, mainly through international tender.

Copyright Reuters, 2005

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