Traders said the following offers were submitted to GASC in the tender on Wednesday, July 17, for August 21-31 delivery (USD/MT, FOB):

  • Hakan: 55,000 MT of Ukraine wheat at 198.50 $/mt fob
  • Louis Dreyfus: 60,000 MT of Ukraine wheat at 199.77 $/mt fob
  • Garant Logistics: 60,000 MT of Russian wheat at 201.40 $/mt fob
  • ADM:
    • 60,000 MT of Ukraine wheat at 201.50 $/mt fob
    • 55,000 MT of Russian wheat at 202 $/mt fob
  • Posco: 60,000 MT of Russian wheat at 202.69 $/mt fob
  • CHS: 60,000 MT of Romanian wheat at 202.88 $/mt fob
  • GTCS: 60,000 MT of Russian wheat at 203.60 $/mt fob
  • Ameropa: 60,000 MT of Romanian wheat at 203.67 $/mt fob
  • Glencore: 55,000 MT of Russian wheat at 203.86 $/mt fob
  • Agro Ind. (AST): 60,000 MT of Russian wheat at 204 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 204.02 $/mt fob
  • Alegrow: 60,000 MT of Russian wheat at 209.95 $/mt fob

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

  1. Garant Logistics: 60,000 MT of Russian wheat at 201.40+14.19=215.59 $/mt c&f
  2. Louis Dreyfus: 60,000 MT of Ukrainian wheat at 199.77+19.35=219.12 $/mt c&f
  3. CHS: 60,000 MT of Romanian wheat at 202.88+17.25=220.13 $/mt c&f
  4. Posco: 60,000 MT of Russian wheat at 202.69+18.10=220.79 $/mt c&f
  5. ADM: 60,000 MT of Ukraine wheat at 201.50+19.35=220.85 $/mt c&f
  6. ADM: 55,000 MT of Russian wheat at 202+18.75=220.75 $/mt c&f
  7. GTCS: 60,000 MT of Russian wheat at 203.60+18.10=221.70 $/mt c&f