Egypt's GASC gets offers in wheat tender Sept. 5, 2018
Traders said the following offers were submitted to GASC in the tender on Wednesday, September 5, for October 21-30 delivery: (USD/MT, FOB):
- Garant Logistics: 60,000 MT of Russian wheat at 217.90 $/mt fob
- Daewoo: 60,000 MT of Russian wheat at 224.89 $/mt fob
- ADM: 60,000 MT of Russian wheat at 224.95 $/mt fob
- Aston:
- 60,000 MT of Russian wheat at 225.20 $/mt fob
- 60,000 MT of Russian wheat at 227.50 $/mt fob
- Cargill: 55,000 MT of Russian wheat at 225.50 $/mt fob
- Ameropa:
- 55,000 MT of Russian wheat at 225.50 $/mt fob
- 60,000 MT of Romanian wheat at 238.91$/mt fob
- Glencore: 55,000 MT of Russian wheat at 225.74 $/mt fob
- Alegrow: 60,000 MT of Russian wheat at 225.95 $/mt fob
- GTCS:
- 60,000 MT of Russian wheat at 226.00 $/mt fob
- 60,000 MT of Russian wheat at 228.00 $/mt fob
The best offers on C&F basis was as follows (USD/MT, C&F):
- Garant Logistics: 60,000 MT of Russian wheat at 217.90+17.10=235.00 $/mt c&f
- Alegrow: 60,000 MT of Russian wheat at 225.95+15.73=241.68 $/mt c&f
- GTCS: 60,000 MT of Russian wheat at 226.00+15.73=241.73 $/mt c&f
- Daewoo: 60,000 MT of Russian wheat at 224.89+17.10=241.99 $/mt c&f
- ADM: 60,000 MT of Russian wheat at 224.95+17.10=242.05 $/mt c&f
- Aston: 60,000 MT of Russian wheat at 225.2+17.10=242.3 $/mt c&f
- Cargill: 55,000 MT of Russian wheat at 242.84+17.34=242.84 $/mt c&f