Egypt's GASC gets offers in wheat tender Feb. 8, 2019

Traders said the following offers were submitted to GASC in the tender on Friday, February 8, for March 21-31 delivery (USD/MT, FOB):

• Cargill:
  
  • 60,000 MT of U.S. soft red wheat at 235.00 $/mt fob
  • 60,000 MT of U.S. soft red wheat at 235.00 $/mt fob
  • 60,000 MT of French wheat at 245.90 $/mt fob
• Glencore: 60,000 MT of French wheat at 244.86 $/mt fob
• Soufflet: 60,000 MT of French wheat at 245.94 $/mt fob
• Casillo: 60,000 MT of French wheat at 247.25 $/mt fob
• Lecureur: 60,000 MT of French wheat at 248.51 $/mt fob
• Louis Dreyfus: 60,000 MT of Ukrainian wheat at 249.25 $/mt fob
• ADM: 60,000 MT of Romanian wheat at 250.84 $/mt fob
• Aston: 60,000 MT of Russian wheat at 252.94 $/mt fob
• Hakan: 60,000 MT of Russian wheat at 253.80 $/mt fob
• Ameropa: 60,000 MT of Romanian wheat at 253.99 $/mt fob
• Daewoo:
  
  • 60,000 MT of Russian wheat at 254.25 $/mt fob
  • 55,000 MT of Russian wheat at 254.25 $/mt fob
• GTCS: 60,000 MT of Russian wheat at 255.00 $/mt fob
• Cerealcom: 60,000 MT of Romanian wheat at 256.79 $/mt fob

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

1. Cargill: 60,000 MT of US soft red wheat at 235.00+25.53=260.53 $/mt c&f
2. Cargill: 60,000 MT of French wheat at 245.90+15.65=261.55 $/mt c&f
3. Soufflet: 60,000 MT of French wheat at 245.94+15.60=261.59 $/mt c&f
4. Glencore: 60,000 MT of French wheat at 244.86+17.20=262.06 $/mt c&f
5. Cargill: 60,000 MT of US soft red wheat at 235.00+27.25=262.25 $/mt c&f
6. ADM: 60,000 MT of Romanian wheat at 250.84+11.45=262.29 $/mt c&f
7. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 249.25+13.35=262.60 $/mt c&f