Traders said the following offers were submitted to GASC in the first round of the tender on Saturday, June 10, for July 10-20 delivery: (USD/MT, FOB):

  • GTCS: 60,000 MT of Russian wheat at 192.77 $/mt fob
  • Cofco: 60,000 MT of Romanian wheat at 194.50 $/mt fob
  • Cerealcom: 60,000 MT of Romanian wheat at 194.94 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 195.95 $/mt fob
  • Friends: 60,000 MT of Russian wheat at 199.20 $/mt fob
  • Casillo: 60,000 MT of French wheat at 199.50 $/mt fob
  • AOS: 60,000 MT of Russian wheat at 200.20 $/mt fob

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

  1. GTCS: 60,000 MT of Russian wheat at 192.77+11.25=204.02 $/mt c&f
  2. Cofco: 60,000 MT of Romanian wheat at 194.50+10.30=204.80 $/mt c&f
  3. Cerealcom: 60,000 MT of Romanian wheat at 194.94+10.30=205.24 $/mt c&f
  4. Aston: 60,000 MT of Russian wheat at 195.95+11.95=207.90 $/mt c&f

FREIGHT

  • Russia, 60,000 MT Novorossiysk
    • NBC $11.25
    • UME $13.53
    • NNC $11.95
  • Romania, 60,000 MT Constanta
    • NNC $10.30
    • UME $12.44
    • NNC $10.98
  • France, 60,000 MT 1 port
    • NNC $15.30
    • UME $16.39