Traders said the following offers were submitted to GASC in the first round of the tender on Thursday, March 29, for April 28-May 8 delivery: (USD/MT, FOB):

  • GTCS:
    • 55,000 MT of Russian wheat at 217 $/mt fob,
    • 60,000 MT of Russian wheat at 218 $/mt fob,
    • 60,000 MT of Russian wheat at 220 $/mt fob
  • Daewoo: 60,000 MT of Russian wheat at 218.5 $/mt fob
  • ADM: 60,000 MT of Russian wheat at 219.5 $/mt fob
  • Aston: 60,000 MT of Russian wheat at 219.7 $/mt fob
  • Cargill: 60,000 MT of Romanian wheat at 221 $/mt fob
  • Ameropa:
    • 60,000 MT of Romanian wheat at 221.09 $/mt fob,
    • 60,000 MT of Romanian wheat at 222.59 $/mt fob
  • Solaris: 55,000 MT of Russian wheat at 223.22 $/mt fob (Disqualified)
  • Casillo: 60,000 MT of French wheat at 225.23 $/mt fob

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

  1. GTCS: 55,000 MT of Russian at 217+17.12=234.12 $/mt c&f
  2. GTCS: 60,000 MT of Russian at 218+16.20=234.20 $/mt c&f
  3. Daewoo: 60,000 MT of Russian at 218.50+16.20=234.70 $/mt c&f
  4. ADM: 60,000 MT of Russian at 219.50+16.20=235.70 $/mt c&f
  5. Aston: 60,000 MT of Russian at 219.70+16.20=235.90 $/mt c&f