Traders said the following offers were submitted to GASC in the tender on Tuesday, July 24, for September 1-10 delivery: (USD/MT, FOB):

  • GTCS:
    • 60,000 MT of Russian wheat at 217.95 $/mt fob
    • 60,000 MT of Russian wheat at 220.5 $/mt fob
  • LDC: 60,000 MT of Ukrainian wheat at 219 $/mt fob
  • Daewoo: 60,000 MT of Russian wheat at 219.35 $/mt fob
  • ADM:
    • 60,000 MT of Russian wheat at 221 $/mt fob
    • 60,000 MT of Romanian wheat at 222.5 $/mt fob
  • Ameropa:
    • 60,000 MT of Romanian wheat at 221.69 $/mt fob
    • 60,000 MT of Romanian wheat at 223.5 $/mt fob
  • CHS: 60,000 MT of Romanian wheat at 222.96 $/mt fob

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

  1. GTCS: 60,000 MT of Russian wheat at 217.95+16.31=234.26 $/mt c&f
  2. Daewoo: 60,000 MT of Russian wheat at 219.35+16.31=235.66 $/mt c&f
  3. ADM: 60,000 MT of Russian wheat at 221+15=236 $/mt c&f
  4. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 219+17.19=236.19 $/mt c&f
  5. GTCS: 60,000 MT of Russian wheat at 220.50+16.31=236.81 $/mt c&f
  6. Ameropa: 60,000 MT of Romanian wheat at 221.69+15.30=236.99 $/mt c&f
  7. ADM: 60,000 MT of Romanian wheat at 222.50+14.96=237.46 $/mt c&f