Egypt's GASC gets offers in wheat tender June 12, 2018

Traders said the following offers were submitted to GASC in the tender on Tuesday, June 12, for July 15-25 delivery: (USD/MT, FOB):

• GTCS: 60,000 MT of Russian wheat at $209.50, 60,000 MT of Russian wheat at $210, 60,000 MT of Russian wheat at $211, 60,000 MT of Russian wheat at $212
• Aston: 60,000 MT of Russian wheat at $212.50
• Daewoo: 60,000 MT of Russian wheat at $209.75
• Ameropa: two cargoes each 60,000 MT of Romanian wheat at $211.69
• ADM: 60,000 MT of Romanian wheat at $213.49 and/or 60,000 MT of Romanian wheat at $214.99
• Casillo: 60,000 MT of Romanian wheat at $214.89
• Cargill: 60,000 MT of Romanian wheat at $221.50

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

1. GTCS: 60,000 MT Russian at 209.50+15.14=224.64 $/mt c&f
2. Daewoo: 60,000 MT Russian at 209.75+15.14=224.89 $/mt c&f
3. GTCS: 60,000 MT Russian at 210+15.14=225.14 $/mt c&f
4. Ameropa: 60,000 MT Romanian at 211.69+14.02=225.71 $/mt c&f
5. Ameropa: 60,000 MT Romanian at 211.69+14.02=225.71 $/mt c&f
6. GTCS: 60,000 MT Russian at 211+15.14=226.14 $/mt c&f