The Egyptian state's main wheat buyer said it bought 120,000 tonnes of French milling wheat at $204.75 a tonne and 60,000 tonnes of US soft white wheat at $188 a tonne on Friday.
The wheat is for shipment between November 21 and 30, and the prices are FOB, said el-Hefny, vice-chairman of the General Authority for Supply Commodities (GASC).
HEFNY GAVE THIS BREAKDOWN FOR THE THREE CARGOES:
-- 60,000 tonnes of French milling wheat from Lecureur at $204.75 a tonne
-- 60,000 tonnes of French milling wheat from a company GASCO named as Inbivo at the same price of $204.75 a tonne
-- 60,000 tonnes of US soft white wheat from Cargill at $188 a tonne.
GASC had invited tenders from companies offering 55,000 to 60,000 tonnes of US North Pacific soft white wheat, US hard red wheat, US soft red winter wheat, French milling wheat, Australian standard white wheat, Australian hard wheat, Canadian soft wheat or German milling wheat.
It was also interested in 30,000 or 60,000 tonnes of Russian wheat, UK milling wheat (ukp or uks variety) or Syrian wheat.
The deals bring Egypt's total international purchases for the year starting July 1 to 1.64 million tonnes - 820,000 tonnes from the United States, 460,000 from Canada, 240,000 from France and 120,000 tonnes from Russia.
Egypt is one of the world's leading wheat importers, buying more than 5 million tonnes a year from abroad.