Traders said the following offers were submitted to GASC in the tender on Tuesday, June 19, for August 1-10 delivery: (USD/MT, FOB):

  • ADM:
    • 60,000 MT of Romanian wheat at 203.95 $/mt fob Constanta
    • 60,000 MT of Romanian wheat at 204.95 $/mt fob Constanta
    • 55,000 MT of Russian wheat at 209.50 $/mt fob Tuapse
  • CHS: 60,000 MT of Romanian wheat at 204.74 $/mt fob Constanta
  • Posco Daewoo: 55,000 MT of Russian wheat at 206.20 $/mt fob Tuapse
  • Cargill: 60,000 MT of Romanian wheat at 206.25 $/mt fob Constanta
  • Orsett: 60,000 MT of Russian wheat at 206.75 $/mt fob Novo
  • Ameropa:
    • 60,000 MT of Romanian wheat at 206.79 $/mt fob Constanta
    • 60,000 MT of Romanian wheat at 208.29 $/mt fob Constanta
  • Aston:
    • 60,000 MT of Russian wheat at 206.85 $/mt fob Novo
    • 60,000 MT of Russian wheat at 206.85 $/mt fob Novo
  • Cofco:
    • 60,000 MT of Romanian wheat at 209.49 $/mt fob Constanta
    • 55,000 MT of Russian wheat at 210.69 $/mt fob Tuapse

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

  1. ADM: 60,000 MT of Romanian wheat at 203.95+14.15=218.10, Constanta
  2. CHS: 60,000 MT of Romanian wheat at 204.74+14.15=218.89, Constanta
  3. ADM: 60,000 MT of Romanian wheat at 204.95+14.15=219.10, Constanta
  4. Cargill: 60,000 MT of Romanian wheat at 206.25+14.15=220.40, Constanta
  5. Posco Daewoo: 55,000 MT of Russian wheat at 206.20+15.60=221.80, Tuapse
  6. Orsett: 60,000 MT of Russian wheat at 206.75+15.25=222.00, Novorossiysk