Egypt's GASC receives offers for wheat tender Oct. 9, 2015
Traders said the following offers were submitted to GASC in the first round of the tender on Friday, Oct 9, (USD/MT, FOB):
- Soufflet: 60,000 MT French at $196.74
- Union Co.: 60,000 MT Russian at $198.11
- ADM: 60,000 MT Romanian at $198.69; 60,000 MT Russian at $199.69
- Cargill: 60,000 MT French at $198.80; 55,000 MT Russian at $199
- Invivo: 60,000 MT French at $201
- Lecureur: 60,000 MT French at $201.40
- Bunge: 60,000 MT French at $203
- Vitol: 60,000 MT Russian at $203
- Glencore: 55,000 MT Russian at $206
Best offers on C&F basis was as follows:
- Union Co.: 60,000 MT of Russian wheat at $206
- ADM: 60,000 MT of Romanian wheat at $208.08 and 60,000 MT of Russian wheat at $208.93
- Soufflet: 60,000 MT of French wheat at $208.96