Traders said the following offers were submitted to GASC in the first round of the tender on Friday, November 11, for December 15-25 delivery (USD/MT, FOB):

  • Grainbow: 60,000 MT of Russian wheat at 192.50 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 192.50 $/mt fob
  • Olam: 60,000 MT of Russian wheat at 193 $/mt fob

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

  • Aston: 60,000 MT of Russian wheat at 192.50+9.64=202.14 $/mt c&f
  • Olam: 60,000 MT of Russian wheat at 193+9.93=202.93 $/mt c&f
  • Grainbow: 60,000 MT of Russian wheat at 192.50+11.29=203.79 $/mt c&f