Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), said on Saturday it had bought 300,000 tonnes of wheat from France and Russia in a tender for shipment on Jan. 21-31.
Egypt, the world's biggest importer of wheat, bought 240,000 tonnes of French wheat and 60,000 tonnes of Russian wheat, Mamdouh Abdel Fattah, GASC vice chairman said.
Of the total, GASC bought 60,000 tonnes of French wheat from Granit, 60,000 tonnes of French wheat from Glencore, 60,000 tonnes of French wheat from Lecureur and 60,000 tonnes of French wheat from Cargill.
GASC also bought 60,000 tonnes of Russian wheat from Union Company.
The wheat was purchased at an average price of $273.94 a tonne on a cost and freight basis, Abdel Fattah said.