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Egypt's GASC gets offers in wheat tender Aug. 14, 2018

Traders said the following offers were submitted to GASC in the tender on Tuesday, August 14, (USD/MT, FOB):

for September 21-30 delivery:

  • CHS: 60,000 MT of Romanian wheat at 230.99
  • GTCS:
    • 60,000 MT of Russian wheat at 232.00
    • 60,000 MT of Russian wheat at 233.00
    • 60,000 MT of Russian wheat at 237.00
    • 60,000 MT of Russian wheat at 239.00
  • ADM:
    • 55,000 MT of Russian wheat at 233.65
    • 60,000 MT of Romanian wheat at 237.65
  • Garant Logistics: 60,000 MT of Russian wheat at 235.95
  • Orsett: 55,000 MT of Russian wheat at 236.00
  • Daewoo: 60,000 MT of Russian wheat at 236.30
  • Aston: 60,000 MT of Russian wheat at 237.10
  • Ameropa: 60,000 MT of Romanian wheat at 241.49
  • Casillo: 60,000 MT of French wheat at 253.69

for October 1-10 delivery:

  • GTCS:
    • 60,000 MT of Russian wheat at 234.00
    • 60,000 MT of Russian wheat at 236.00
    • 60,000 MT of Russian wheat at 240.00
    • 60,000 MT of Russian wheat at 243.00
  • Alegrow: 60,000 MT of Russian wheat at 234.94
  • Louis Dreyfus: 60,000 MT of Ukrainian wheat at 236.00
  • Daewoo: 60,000 MT of Russian wheat at 239.95
  • Aston: 60,000 MT of Russian wheat at 240.00
  • Cofco: 60,000 MT of Romanian wheat at 241.99
  • ADM: 60,000 MT of Romanian wheat at 242.95
  • Ameropa: 60,000 MT of Romanian wheat at 245.38

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

for September 21-30 delivery:

  1. CHS: 60,000 MT of Romanian wheat at 230.99+15.34=246.33 $/mt c&f
  2. GTCS:60,000 MT of Russian wheat at 232.00+16.60=248.60 $/mt c&f
  3. GTCS:60,000 MT of Russian wheat at 233.00+16.60=249.60 $/mt c&f
  4. ADM:55,000 MT of Russian wheat at 233.65+16.60=250.25 $/mt c&f
  5. Garant Logisitics: 60,000 MT of Russian wheat at 235.95+15.00=250.95 $/mt c&f
  6. Orsett: 55,000 MT of Russian wheat at 236.00+17.87=253.87 $/mt c&f

for October 1-10 delivery:

  1. GTCS: 60,000 MT of Russian wheat at 234.00+16.60=250.60 $/mt c&f
  2. Alegrow: 60,000 MT of Russian wheat at 234.94+16.60=251.54 $/mt c&f
  3. GTCS: 60,000 MT of Russian wheat at 236.00+16.60=252.60 $/mt c&f
  4. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 236.00+17.40=253.40 $/mt c&f
  5. GTCS: 60,000 MT of Russian wheat at 240.00+15.5=255.5 $/mt c&f
  6. Daewoo: 60,000 MT of Russian wheat at 239.95+16.60=256.55 $/mt c&f
  7. Aston: 60,000 MT of Russian wheat at 241.50+17.34=258.84 $/mt c&f