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