Egypt's GASC gets offers in wheat tender Jan. 14, 2020

Traders said the following offers were submitted to GASC in the tender on Tuesday, January 14, (USD/MT, FOB) for March 1-10 shipment:

• Posco International: 60,000 MT of Russian wheat at 235.30 $/mt fob
• Solaris: 60,000 MT of Russian wheat at 235.82 $/mt fob
• Glencore:
  • 60,000 MT of French wheat at 235.86 $/mt fob
  • 55,000 MT of Russian wheat at 243.25 $/mt fob
• Ameropa: 60,000 MT of Romanian wheat at 236.97 $/mt fob
• Grain Export: 60,000 MT of Russian wheat at 237.42 $/mt fob
• Olam: 55,000 MT of Ukraine wheat at 237.50 $/mt fob
• GTCS: 55,000 MT of Russian wheat at 238 $/mt fob
• Nibulon: 60,000 MT of Ukraine wheat at 238 $/mt fob
• Gemcorp: 60,000 MT of Russian wheat at 238.14 $/mt fob

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

1. Posco International: 60,000 MT of Russian wheat at 235.30+13.55=248.85 $/mt c&f
2. Solaris: 60,000 MT of Russian wheat at 235.82+13.55=249.37 $/mt c&f
3. Ameropa: 60,000 MT of Romanian wheat at 236.97+12.95=249.92 $/mt c&f
4. Grain Export: 60,000 MT of Russian wheat at 237.42+12.90=250.32 $/mt c&f
5. GTCS: 55,000 MT of Russian wheat at 238.00+14.04=252.04 $/mt c&f
6. Glencore: 60,000 MT of French wheat at 235.86+16.45=252.31 $/mt c&f
7. Gemcorp: 60,000 MT of Russian wheat at 238.14+14.24=252.38 $/mt c&f