Egypt's GASC gets offers in wheat tender Aug. 28, 2018
Traders said the following offers were submitted to GASC in the tender on Tuesday, August 28, for October 11-20 delivery: (USD/MT, FOB):
- Louis Dreyfus: 60,000 MT of Ukrainian wheat at 227 $/mt fob
- Glencore:
- 55,000 MT of Russian wheat at 221.51 $/mt fob
- 55,000 MT of Russian wheat at 223.51 $/mt fob
- Garant Logistics: 60,000 MT of Russian wheat at 225.90 $/mt fob
- ADM:
- 60,000 MT of Russian wheat at 230.65 $/mt fob
- 60,000 MT of Romanian wheat at 248.48 $/mt fob
- GTCS:
- 60,000 MT of Russian wheat at 228.35 $/mt fob
- 60,000 MT of Russian wheat at 229.47 $/mt fob
- 60,000 MT of Russian wheat at 231.56 $/mt fob
- 60,000 MT of Russian wheat at 232.97 $/mt fob
- Cargill: 55,000 MT of Russian wheat at 231.50 $/mt fob
- Ameropa:
- 55,000 MT of Russian wheat at 232.00 $/mt fob
- 60,000 MT of Romanian wheat at 241.79 $/mt fob
- Aston:
- 60,000 MT of Russian wheat at 229.10 $/mt fob
- 60,000 MT of Russian wheat at 231.10 $/mt fob
- Daewoo:
- 60,000 MT of Russian wheat at 228.99 $/mt fob
- 55,000 MT of Russian wheat at 227.45 $/mt fob
The best offers on C&F basis was as follows (USD/MT, C&F):
- Glencore: 55,000 MT of Russian wheat at 221.51+18.26=239.77 $/mt c&f
- Glencore: 55,000 MT of Russian wheat at 223.51+18.26=241.77 $/mt c&f
- Garant Logistics: 60,000 MT of Russian wheat at 225.90+17.10=243.00 $/mt c&f
- Louis Dreyfus: 60,000 MT of Ukrainian wheat at 227.00+17.90=244.90 $/mt c&f
- GTCS: 60,000 MT of Russian wheat at 228.35+15.23=243.58 $/mt c&f
- Daewoo: 55,000 MT of Russian wheat at 227.45+17.10=244.55 $/mt c&f
- Daewoo: 60,000 MT of Russian wheat at 228.99+17.18=246.17 $/mt c&f