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Egypt's GASC gets offers in wheat tender July 18, 2017

Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, July 18, for August 21-31 delivery: (USD/MT, FOB):

  • Aston: 60,000 MT of Russian wheat at 203.45 $/mt fob
  • Casillo: 60,000 MT of French wheat at 204.69 $/mt fob
  • ADM:
    • 60,000 MT of Romanian wheat at 204.75 $/mt fob and 60,000 MT at 210.25 $/mt fob
    • 55,000 MT of Russian wheat at 207.35 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 206.55 $/mt fob
  • Ameropa: 60,000 MT of Romanian wheat at 206.71 $/mt fob
  • Glencore:
    • 60,000 MT of French wheat at 206.75 $/mt fob
    • 55,000 MT of Russian wheat at 210.75 $/mt fob
  • Olam: 60,000 MT of Russian wheat at 207.50 $/mt fob
  • GTCS: 60,000 MT of Russian wheat at 208.00 $/mt fob

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

  1. Aston: 60,000 MT of Russian wheat at 203.45+16.25=219.70 $/mt c&f
  2. ADM: 60,000 MT of Romanian wheat at 204.75+15.10=219.85 $/mt c&f
  3. Ameropa: 60,000 MT of Romanian wheat at 206.71+13.62=220.33 $/mt c&f
  4. Solaris: 60,000 MT of Russian wheat at 206.55+14.76=221.31 $/mt c&f
  5. Casillo: 60,000 MT of French wheat at 204.69+18.10=222.79 $/mt c&f
  6. Olam: 60,000 MT of Russian wheat at 207.50+15.30=222.80 $/mt c&f
  7. GTCS: 60,000 MT of Russian wheat at 208.00+15.75=223.75 $/mt c&f
  8. ADM: 55,000 MT of Russian wheat at 207.35+16.80=224.15 $/mt c&f