1. Home
  2. News
  3. Egypt's GASC gets offers in wheat tender

Egypt's GASC gets offers in wheat tender July 25, 2017

Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, July 25, for September 1-10 delivery: (USD/MT, FOB):

  • ADM:
    • 60,000 MT of Russian wheat at 202.35 $/mt fob
    • 60,000 MT of Romanian wheat at 206.35 $/mt fob
  • Louis Dreyfus:
    • 60,000 MT of Ukrainian wheat at 204.00 $/mt fob
    • 60,000 MT of Russian wheat at 205.00 $/mt fob
  • Cofco: 60,000 MT of Romanian wheat at 204.99 $/mt fob
  • GTCS: 60,000 MT of Russian wheat at 205.00 $/mt fob
  • AOS: 60,000 MT of Russian wheat at 205.05 $/mt fob
  • Daewoo: 60,000 MT of Russian wheat at 205.65 $/mt fob
  • Ameropa: 60,000 MT of Romanian wheat at 206.05 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 206.15 $/mt fob
  • Alegrow: 60,000 MT of Russian wheat at 206.75 $/mt fob
  • Glencore: 60,000 MT of French wheat at 207.60 $/mt fob
  • Friends: 55,000 MT of Russian wheat at 209.09 $/mt fob
  • Cargill: 60,000 MT of US Hard Red Winter wheat at 213.00 $/mt fob

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

  1. ADM: 60,000 MT of Russian wheat at 202.35+13.91=216.26 $/mt c&f
  2. Cofco: 60,000 MT of Romanian wheat at 204.99+13.39=218.38 $/mt c&f
  3. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 204.00+14.39=218.39 $/mt c&f
  4. GTCS: 60,000 MT of Russian wheat at 205.00+14.38=219.38 $/mt c&f
  5. Louis Dreyfus: 60,000 MT of Russian wheat at 205.00+14.70=219.70 $/mt c&f
  6. AOS: 60,000 MT of Russian wheat at 205.05+14.70=219.75 $/mt c&f
  7. Ameropa: 60,000 MT of Romanian wheat at 206.05+14.10=220.15 $/mt c&f
  8. Daewoo: 60,000 MT of Russian wheat at 205.65+14.70=220.35 $/mt c&f
  9. ADM: 60,000 MT of Romanian wheat at 206.35+14.10=220.45 $/mt c&f
  10. Aston: 60,000 MT of Russian wheat at 206.15+14.76=220.91 $/mt c&f
  11. Alegrow: 60,000 MT of Russian wheat at 206.75+14.85=221.60 $/mt c&f