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Egypt's GASC gets offers in wheat tender March 6, 2018

Traders said the following offers were submitted to GASC in the first round of the tender on Tuesday, March 6, for April 5-15 delivery: (USD/MT, FOB):

  • GTCS:
    • 60,000 MT of Russian wheat at 215.00 $/mt fob
    • 55,000 MT of Russian wheat at 213.00 $/mt fob
  • Garant Logistics: 60,000 MT of Russian wheat at 214.95 $/mt fob
  • AOS: 60,000 MT of Russian wheat at 218.00 $/mt fob
  • CHS: 60,000 MT of Romanian wheat at 219.71 $/mt fob
  • ADM:
    • 60,000 MT of Romanian wheat at 219.85 $/mt fob
    • 60,000 MT of Russian wheat at 221.03 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 222.90 $/mt fob
  • Cofco: 60,000 MT of Romanian wheat at 222.99 $/mt fob

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

  1. GTCS: 55,000 MT of Russian at 213+16.75=229.75 $/mt c&f
  2. Garant Logistics: 60,000 MT of Russian at 214.95+16.10=231.05 $/mt c&f
  3. GTCS: 60,000 MT of Russian at 215+16.10=231.10 $/mt c&f
  4. AOS: 60,000 MT of Russian at 218+16.10=234.10 $/mt c&f
  5. CHS: 60,000 MT of Romanian wheat at 219.71+15.05=234.76 $/mt c&f