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):

1. Glencore: 55,000 MT of Russian wheat at 221.51+18.26=239.77 $/mt c&f
2. Glencore: 55,000 MT of Russian wheat at 223.51+18.26=241.77 $/mt c&f
3. Garant Logistics: 60,000 MT of Russian wheat at 225.90+17.10=243.00 $/mt c&f
4. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 227.00+17.90=244.90 $/mt c&f
5. GTCS: 60,000 MT of Russian wheat at 228.35+15.23=243.58 $/mt c&f
6. Daewoo: 55,000 MT of Russian wheat at 227.45+17.10=244.55 $/mt c&f
7. Daewoo: 60,000 MT of Russian wheat at 228.99+17.18=246.17 $/mt c&f