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The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Friday, February 9, bought 360,000 MT of wheat from Russia (240 TMT) and Romania (120 TMT) for March 12-22 delivery:

  • 60,000 MT of Romanian wheat from CHS at 221.26 $/mt c&f (208.43 fob+12.83 freight);
  • 60,000 MT of Romanian wheat from Cerealcom at 221.31 $/mt c&f (208.43 fob+12.88 freight);
  • 60,000 MT of Russian wheat from AOS at 221.60 $/mt c&f (206.60 fob+15.00 freight);
  • 60,000 MT of Russian wheat from Friends at 222.38 $/mt c&f (208.43 fob+13.95 freight);
  • 60,000 MT of Russian wheat from GTCS at 222.95 $/mt c&f (207.95 fob+15.00 freight);
  • 60,000 MT of Russian wheat from Daewoo at 222.95 $/mt c&f (207.95 fob+15.00 freight)

It was 19-th international tender since the start of the new fiscal year. GASC has bought 4.555 MMT (3.895 MMT from Russia, 420 TMT from Romania, 180 TMT from Ukraine and 60 TMT from France) of wheat on the international market since July 1, the start of the 2017/18

Traders said the following offers were submitted to GASC in the first round of the tender:

  • AOS: 60,000 MT of Russian wheat at 206.60 $/mt fob
  • Daewoo: 60,000 MT of Russian wheat at 207.95 $/mt fob
  • GTCS: 60,000 MT of Russian wheat at 208.00 $/mt fob
  • Friends: 60,000 MT of Russian wheat at 208.80 $/mt fob and 60,000 MT of Russian wheat at 210.10 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 209.90 $/mt fob
  • Dreyfus: 60,000 MT of Ukrainian wheat at 212.00 $/mt fob
  • CHS: 60,000 MT of Romanian wheat at 209.43 $/mt fob
  • Cerealcom Dolj: 60,000 MT of Romanian wheat at 209.80 $/mt fob
  • Cofco: 60,000 MT of Romanian wheat at 210.99 $/mt fob
  • Ameropa: 60,000 MT of Romanian wheat at 217.00 $/mt fob

The best offers on C&F basis was as follows (USD/MT, C&F):

  1. AOS: 60,000 MT of Russian wheat at 206.60+15.00=221.60 $/mt c&f
  2. CHS: 60,000 MT of Romanian wheat at 209.43+12.83=222.26 $/mt c&f
  3. Friends: 60,000 MT of Russian wheat at 208.80+13.95=222.75 $/mt c&f
  4. Cerealcom: 60,000 MT of Romanian wheat at 209.80+13.14=222.94 $/mt c&f
  5. Daewoo: 60,000 MT of Russian wheat at 207.95+15.00=222.95 $/mt c&f
  6. GTCS: 60,000 MT of Russian wheat at 208.00+15.00=223.00 $/mt c&f
IGC GRAINS CONFERENCE 2018

III АГРАРНИЙ ЕКСПОРТНИЙ ФОРУМ