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):

  1. Garant Logistics: 60,000 MT of Russian wheat at 217.90+17.10=235.00 $/mt c&f
  2. Alegrow: 60,000 MT of Russian wheat at 225.95+15.73=241.68 $/mt c&f
  3. GTCS: 60,000 MT of Russian wheat at 226.00+15.73=241.73 $/mt c&f
  4. Daewoo: 60,000 MT of Russian wheat at 224.89+17.10=241.99 $/mt c&f
  5. ADM: 60,000 MT of Russian wheat at 224.95+17.10=242.05 $/mt c&f
  6. Aston: 60,000 MT of Russian wheat at 225.2+17.10=242.3 $/mt c&f
  7. Cargill: 55,000 MT of Russian wheat at 242.84+17.34=242.84 $/mt c&f