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

  • Louis Dreyfus:
    • 60,000 MT of US soft white wheat at 189.60 $/mt fob
    • 60,000 MT of US hard red winter wheat at 194.45 $/mt fob US Gulf
    • 60,000 MT of Ukrainian wheat at 195.00 $/mt fob Odesa
    • 60,000 MT of Russian wheat at 197.00 $/mt fob Novo
  • Ameropa:
    • 55,000 MT of US soft white wheat at 194.80 $/mt fob PNW
    • 60,000 MT of US hard red winter wheat at 199.58 $/mt fob US Gulf
  • Glencore:
    • 60,000 MT of French wheat at 198.93 $/mt fob Dunkirk
    • 55,000 MT of Russian wheat at 199.30 $/mt fob Taman
  • Olam: 60,000 MT of Russian wheat at 195.90 $/mt fob Novo
  • Casillo: 60,000 MT of French wheat at 196.99 $/mt fob 1 port
  • Daewoo: 60,000 MT of Russian wheat at 198.25 $/mt fob Novo
  • AOS: 60,000 MT of Russian wheat at 198.98 $/mt fob Novo
  • Aston: 60,000 MT of Russian wheat at 199.00 $/mt fob Novo
  • Lecureur: 60,000 MT of French wheat at 201.90 $/mt fob 2 ports
  • ADM: 55,000 MT of Russian wheat at 204.50 $/mt fob Tuapse
  • Alegrow: 60,000 MT of Russian wheat at 204.97 $/mt fob Novo
  • Cerealcom: 60,000 MT of Romanian wheat at 205.74 $/mt fob Constanta

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

  1. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 195.00+13.25=208.25 $/mt c&f
  2. Olam: 60,000 MT of Russian wheat at 195.90+12.39=208.29 $/mt c&f
  3. Louis Dreyfus: 60,000 MT of Russian wheat at 197.00+12.50=209.50 $/mt c&f
  4. Daewoo: 60,000 MT of Russian wheat at 198.25+12.50=210.75 $/mt c&f
  5. AOS: 60,000 MT of Russian wheat at 198.98+12.52=211.50 $/mt c&f
  6. Aston: 60,000 MT of Russian wheat at 199.00+12.74=211.74 $/mt c&f
  7. Casillo: 60,000 MT of French wheat at 196.99+15.05=212.04 $/mt c&f
  8. Glencore: 55,000 MT of Russian wheat at 199.30+12.94=212.24 $/mt c&f
  9. Glencore: 60,000 MT of French wheat at 198.93+15.05=213.98 $/mt c&f
  10. Lecureur: 60,000 MT of French wheat at 201.90+15.36=217.26 $/mt c&f
  11. Cerealcom: 60,000 MT of Romanian wheat at 205.74+11.73=217.47 $/mt c&f
  12. ADM: 55,000 MT of Russian wheat at 204.50+13.07=217.57 $/mt c&f
  13. Alegrow: 60,000 MT of Russian wheat at 204.97+12.74=217.71 $/mt c&f