Egypt's GASC gets offers in wheat tender Dec. 12, 2018

Traders said the following offers were submitted to GASC in the tender on Wednesday, December 12, for February 1-10 delivery (USD/MT, FOB):

• ADM:
  
  • 60,000 MT of Romanian wheat at 241.26 $/mt fob
  • 60,000 MT of Russian wheat at 242.00 $/mt fob
• Agro Industrials: 60,000 MT of Russian wheat at 242.90 $/mt fob
• Aston: 60,000 MT of Russian wheat at 244.00 $/mt fob
• GTCS: 60,000 MT of Russian wheat at 244.00 $/mt fob
• Garant Logistics: 60,000 MT of Russian wheat at 247.00 $/mt fob
• Glencore: 55,000 MT of Russian wheat at 248.86 $/mt fob
• Ameropa: 55,000 MT of US hard red wheat at 254.50 $/mt fob

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

1. ADM: 60,000 MT of Romanian wheat at 241.26+15.11=256.37 $/mt c&f
2. ADM: 60,000 MT of Russian wheat at 242.00+16.35=258.35 $/mt c&f
3. Agro Industrials: 60,000 MT of Russian wheat at 242.90+16.35=259.25 $/mt c&f
4. Aston: 60,000 MT of Russian wheat at 244.00+15.00=259.00 $/mt c&f
5. GTCS: 60,000 MT of Russian wheat at 244.00+15.00=259.00 $/mt c&f
6. Garant Logistics: 60,000 MT of Russian wheat at 247.00+15.00=262.00 $/mt c&f
7. Glencore: 55,000 MT of Russian wheat at 248.86+16.58=265.44 $/mt c&f
8. Ameropa: 55,000 MT of US hard red wheat at 254.50+32.40=286.90 $/mt c&f