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Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, March 6, for April 5-15 delivery: (USD/MT, FOB):

  • GTCS:
    • 60,000 MT of Russian wheat at 215.00 $/mt fob
    • 55,000 MT of Russian wheat at 213.00 $/mt fob
  • Garant Logistics: 60,000 MT of Russian wheat at 214.95 $/mt fob
  • AOS: 60,000 MT of Russian wheat at 218.00 $/mt fob
  • CHS: 60,000 MT of Romanian wheat at 219.71 $/mt fob
  • ADM:
    • 60,000 MT of Romanian wheat at 219.85 $/mt fob
    • 60,000 MT of Russian wheat at 221.03 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 222.90 $/mt fob
  • Cofco: 60,000 MT of Romanian wheat at 222.99 $/mt fob

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

  1. GTCS: 55,000 MT of Russian at 213+16.75=229.75 $/mt c&f
  2. Garant Logistics: 60,000 MT of Russian at 214.95+16.10=231.05 $/mt c&f
  3. GTCS: 60,000 MT of Russian at 215+16.10=231.10 $/mt c&f
  4. AOS: 60,000 MT of Russian at 218+16.10=234.10 $/mt c&f
  5. CHS: 60,000 MT of Romanian wheat at 219.71+15.05=234.76 $/mt c&f
FeedDinner 2018