Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, November 29, for January 2-11 delivery (USD/MT, FOB):

  • Louis Dreyfus: 60,000 MT of Russian wheat at 188.74 $/mt fob
  • Olam: 60,000 MT of Russian wheat at 189.15 $/mt fob
  • Alegrow: 60,000 MT of Russian wheat at 189.95 $/mt fob
  • Grainbow: 60,000 MT of Russian wheat at 190 $/mt fob
  • ADM:
    • 60,000 MT of Russian wheat at 191.50 $/mt fob
    • 60,000 MT of Romanian wheat at 191.99 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 194 $/mt fob
  • Midgulf: 60,000 MT of Russian wheat at 194.30 $/mt fob
  • Glencore: 55,000 MT of Russian wheat at 194.40 $/mt fob
  • Cerealcom: 60,000 MT of Romanian wheat at 194.80 $/mt fob

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

  • Louis Dreyfus: 60,000 MT of Russian wheat at 188.74+13.54=202.28 $/mt c&f
  • Olam: 60,000 MT of Russian wheat at 189.15+13.54=202.69 $/mt c&f
  • Alegrow: 60,000 MT of Russian wheat at 189.95+13.54=203.49 $/mt c&f
  • Grainbow: 60,000 MT of Russian wheat at 190+13.54=203.54 $/mt c&f
  • Aston: 60,000 MT of Russian wheat at 194+10.25=204.25 $/mt c&f
  • ADM: 60,000 MT of Romanian wheat at 191.99+12.65=204.64 $/mt c&f
  • ADM: 60,000 MT of Russian wheat at 191.50+13.29=204.79 $/mt c&f
  • Glencore: 55,000 MT of Russian wheat at 194.40+14.29=206.69 $/mt c&f