Egypt's GASC gets offers in wheat tender July 10, 2018

Traders said the following offers were submitted to GASC in the tender on Tuesday, July 10, for August 21-31 delivery: (USD/MT, FOB):

• Daewoo: 60,000 MT of Russian wheat at 203.65 $/mt fob
• Orsett: 55,000 MT of Russian wheat at 204.50 $/mt fob
• GTCS:
  
  • 60,000 MT of Russian wheat at 204.75 $/mt fob
  • 60,000 MT of Russian wheat at 207.00 $/mt fob
• Alegrow: 60,000 MT of Russian wheat at 209.95 $/mt fob
• Louis Dreyfus: 60,000 MT of Ukrainian wheat at 210.00 $/mt fob
• ADM: 60,000 MT of Russian wheat at 210.65 $/mt fob
• Ameropa: 60,000 MT of Romanian wheat at 216.97 $/mt fob

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

1. Daewoo: 60,000 MT of Russian wheat at 203.65+15.70=219.35 $/mt c&f
2. GTCS: 60,000 MT of Russian wheat at 204.75+15.70=220.45 $/mt c&f
3. Orsett: 55,000 MT of Russian wheat at 204.50+16.50=221.00 $/mt c&f
4. GTCS: 60,000 MT of Russian wheat at 207.00+15.70=222.70 $/mt c&f
5. Alegrow: 60,000 MT of Russian wheat at 209.95+14.91=224.86 $/mt c&f
6. ADM: 60,000 MT of Russian wheat at 210.65+15.75=226.40 $/mt c&f