Egypt's GASC gets offers in wheat tender Oct. 4, 2018

Traders said the following offers were submitted to GASC in the tender on Thursday, October 4, for December 1-10 delivery (USD/MT, FOB):

• Daewoo: 60,000 MT of Russian wheat at 233.95 $/mt fob
• Aston:
  
  • 60,000 MT of Russian wheat at 235.80 $/mt fob
  • 60,000 MT of Russian wheat at 237.80 $/mt fob
• Cargill: 55,000 MT of Russian wheat at 236.90 $/mt fob
• Garant Logistics:
  
  • 60,000 MT of Russian wheat at 237 $/mt fob
  • 60,000 MT of Russian wheat at 239.90 $/mt fob
• ECTP: 60,000 MT of Russian wheat at 238 $/mt fob
• GTCS:
  
  • 60,000 MT of Russian wheat at 239 $/mt fob
  • 60,000 MT of Russian wheat at 241 $/mt fob
• Ameropa:
  
  • 60,000 MT of Romanian wheat at 240.39 $/mt fob
  • 60,000 MT of Romanian wheat at 242.69 $/mt fob
• Glencore: 55,000 MT of Russian wheat at 241.86 $/mt fob
• ADM:
  
  • 60,000 MT of Russian what at 242.15 $/mt fob
  • 60,000 MT of Romanian wheat at 246.23 $/mt fob
• CHS: 60,000 MT of Romanian wheat at 247.74 $/mt fob
• Soufflet: 60,000 MT of French wheat at 247.75 $/mt fob
• Louis Dreyfus: 60,000 MT of Ukrainian wheat at 248 $/mt fob

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

1. Daewoo: 60,000 MT of Russian wheat at 233.95+17.69=251.64 $/mt c&f
2. Aston: 60,000 MT of Russian wheat 235.80+17.69=253.49 $/mt c&f
3. Garant Logistics: 60,000 MT of Russian wheat at 237+17.69=254.69 $/mt c&f
4. Cargill: 60,000 MT of Russian wheat at 236.9+18.55=255.45 $/mt c&f
5. Aston: 60,000 MT of Russian wheat at 237.90+17.69=255.49 $/mt c&f
6. GTCS: 60,000 MT of Russian wheat at 239+16.5=255.5 $/mt c&f
7. ECTP: 60,000 MT of Russian wheat at 238+17.69=255.69 $/mt c&f