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Egypt's GASC gets offers in wheat tender from five firms Oct. 20, 2016

Traders said the following offers were submitted to GASC in the first round of the tender on Thursday, October 20, for November 21-30 delivery (USD/MT, FOB):

  • Cargill: 60,000 MT of Russian wheat at 179.55 $/mt fob
  • ADM: 60,000 MT of Romanian wheat at 187.01 $/mt fob
  • ECTP: 60,000 MT of Russian wheat at 179.95 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 186 $/mt fob
  • Alegrow: 60,000 MT of Russian wheat at 184.65 $/mt fob

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

  • Cargill: 60,000 MT of Russian wheat at 179.55+9.74=189.29 $/mt c&f
  • ECTP: 60,000 MT of Russian wheat at 179.95+9.74=189.69 $/mt c&f
  • Alegrow: 60,000 MT of Russian wheat at 184.65+9.74=194.39 $/mt c&f
  • Aston: 60,000 MT of Russian wheat at 186+9.74=195.74 $/mt c&f
  • ADM: 60,000 MT of Romanian wheat at 187.01+9.10=196.11 $/mt c&f