Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, February 28, for April 1-10 delivery for 55,000/60,000 MT: (USD/MT, FOB):

  • Cargill:
    • French wheat at 197.00 $/mt fob
    • US wheat (HRW) at 197.50 $/mt fob
    • Romanian wheat at 200.50 $/mt fob
  • Cerealcom: Romanian wheat at 197.89 $/mt fob
  • AOS: Russian wheat at 197.94 $/mt fob
  • Daewoo:
    • Russian wheat at 198.85 $/mt fob
    • Ukrainian wheat at 200.75 $/mt fob
  • Alegrow: Russian wheat at 199.70 $/mt fob
  • Lecureur: French wheat at 199.85 $/mt fob
  • Aston: Russian wheat at 199.95 $/mt fob
  • ECTP: Russian wheat at 199.98 $/mt fob
  • Glencore: Russian wheat at 200.00 $/mt fob
  • Grainbow: Russian wheat at 202.00 $/mt fob
  • Olam: Russian wheat at 204.95 $/mt fob

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

  1. Cerealcom: Romanian wheat at 197.89+10.49=208.38 $/mt c&f
  2. AOS: Russian wheat at 197.94+10.85=208.79 $/mt c&f
  3. Daewoo: Russian wheat at 198.85+11.24=210.09 $/mt c&f
  4. Alegrow: Russian wheat at 199.70+11.24=210.94 $/mt c&f
  5. Cargill: Romanian wheat at 200.50+10.49=210.99 $/mt c&f
  6. Cargill: French wheat at 197.00+14.12=211.12 $/mt c&f
  7. Daewoo: Ukrainian wheat at 200.75+11.97=212.72 $/mt c&f
  8. Cargill: US HRW at 197.50+22.29=219.79 $/mt c&f