Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, September 19, for October 21-31 delivery: (USD/MT, FOB):

  • ADM:
    • 60,000 MT of Russian wheat at 195 $/mt fob
    • 60,000 MT of Romanian wheat at 204.25 $/mt fob
  • GTCS:
    • 55,000 MT of Russian wheat at 197 $/mt fob
    • 60,000 MT of Russian wheat at 198 $/mt fob
    • 60,000 MT of Russian wheat at 199.5 $/mt fob
  • Friends:
    • 60,000 MT of Russian wheat at 198.89 $/mt fob
    • 60,000 MT of Russian wheat at 199.99 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 201.02 $/mt fob
  • Cofco: 60,000 MT of Romanian wheat at 204.99 $/mt fob
  • Casillo: 60,000 MT of French wheat at 208.9 $/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 195+15.5=210.5 $/mt c&f
  2. GTCS: 60,000 MT of Russian wheat at 198+14.2=212.2 $/mt c&f
  3. GTCS: 55,000 MT of Russian wheat at 197+16.25=213.25 $/mt c&f
  4. Friends: 60,000 MT of Russian wheat at 198.89+14.2=213.09 $/mt c&f
  5. GTCS: 60,000 MT of Russian wheat at 199.5+14.76=214.26 $/mt c&f
  6. Friends: 60,000 MT of Russian wheat at 199.99+14.76=214.75 $/mt c&f
  7. Solaris: 60,000 MT of Russian wheat at 201.02+15.05=216.07 $/mt c&f