Egypt`s state grain buyer GASC said on Tuesday it bought 175,000 tonnes of Romanian and Ukraine wheat in a tender, according to Yahoo News with reference to Reuters.
Of the total, GASC bought 120,000 tonnes of Romanian wheat and 55,000 tonnes of Ukraine wheat, GASC vice chairman Mamdouh Abdel Fattah said, Yahoo News wrote.
The wheat was purchased at an average price of $192.12 a tonne, cost and freight.
As UaPosition reported earlier, the U.S. Department of Agriculture`s forecast for the yield of Ukraine`s 2015/16 wheat crop was upgraded by 0.9%, to 27.25 million tonnes, while the forecast for wheat exports in the current MY remained unchanged at 15.5 million tonnes.
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