Tag

Egypt
Russian wheat floating tax explained, GASC returns to the market
Ad hoc commentary   •   05.04.2021   •   3 min read

Russian wheat floating tax explained, GASC returns to the market

Egyptian GASC is holding a wheat tender on April 6 for August shipment. We believe that the Egyptian firm could return to the market to test how the new Russian floating tax will affect offers. Andre explains how it’s calculated.