Egypt's GASC gets offers in wheat tender Nov. 14, 2019
Traders said the following offers were submitted to GASC in the tender on Thursday, November 14, (USD/MT, FOB) for January 5-15 shipment:
- Hakan: 60,000 MT of Ukrainian wheat at 215.86 $/mt fob;
- Glencore:
- 60,000 MT of French wheat at 216.36 $/mt fob;
- 55,000 MT of Russian wheat at 219.86 $/mt fob;
- LDC: 60,000 MT of Ukrainian wheat at 217.77 $/mt fob;
- Cargill: 60,000 MT of French wheat at 218.50 $/mt fob;
- ADM:
- 55,000 MT of Russian wheat at 218.75 $/mt fob;
- 55,000 MT of Russian wheat at 219.25 $/mt fob;
- Posco: 60,000 MT of Russian wheat at 218.95 $/mt fob;
- Gemcorp: 55,000 MT of Russian wheat at 218.96 $/mt fob;
- Garant Logistics: 55,000 MT of Russian wheat at 219.00 $/mt fob;
- Grain Export:
- 60,000 MT of Russian wheat at 219.25 $/mt fob;
- 60,000 MT of Russian wheat at 220.00 $/mt fob;
- GTCS: 60,000 MT of Russian wheat at 221.00 $/mt fob
The best offers on C&F basis were as follows (USD/MT, C&F):
- LDC: 60,000 MT of Ukrainian wheat at 217.77+14.70=232.47 $/mt c&f;
- Posco: 60,000 MT of Russian wheat at 218.95+13.52=232.47 $/mt c&f;
- Hakan: 60,000 MT of Ukrainian wheat at 215.86+16.77=232.63 $/mt c&f;
- GrainExport: 60,000 MT of Russian wheat at 219.25+13.52=232.77 $/mt c&f;
- ADM: 55,000 MT of Russian wheat at 218.75+14.57=233.32 $/mt c&f;
- Garant Logistics: 55,000 MT of Russian wheat at 219.00+14.39=233.39 $/mt c&f;
- Gemcorp: 55,000 MT of Russian wheat at 218.96+14.57=233.53 $/mt c&f;
- Glencore: 60,000 MT of French wheat at 216.36+17.44=233.80 $/mt c&f