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