Egypt's GASC gets offers in wheat tender July 7, 2020

Traders said the following offers were submitted to GASC in the tender on Tuesday, July 7, (USD/MT, FOB) for Aug 8-18 shipment (payment at sight):

• GTCS: 55,000 MT of Russian wheat at 205 $/mt fob
• Hakan: 60,000 MT of Russian wheat at 205.65 $/mt fob
• Grain Export: 60,000 MT of Russian wheat at 205.70 $/mt fob
• Nibulon: 60,000 MT of Ukraine wheat at 206.95 $/mt fob
• Agro AST: 55,000 MT of Russian wheat at 207 $/mt fob
• Solaris: 60,000 MT of Russian wheat at 207.70 $/mt fob
• Louis Dreyfus: 60,000 MT of Ukraine wheat at 207.97 $/mt fob
• ADM: 60,000 MT of Russian wheat at 208.45 $/mt fob
• Orsett: 60,000 MT of Russian wheat at 209 $/mt fob
• Cofco: 60,000 MT of Romanian wheat at 209.99 $/mt fob
• Glencore:
  • 60,000 MT of Russian wheat at 210.86 $/mt fob
  • 60,000 MT of French wheat at 218.86 $/mt fob

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

1. Hakan: 60,000 MT of Russian wheat at 205.65+13.2=218.85 $/mt c&f
2. Grain Export: 60,000 MT of Russian wheat at 205.70+13.2=218.90 $/mt c&f
3. GTCS: 55,000 MT of Russian wheat at 205+14=219 $/mt c&f
4. Nibulon: 60,000 MT Ukraine wheat at 206.95+13.62=220.57 $/mt c&f
5. Solaris: 60,000 MT of Russian wheat at 207.70+14.23=221.93 $/mt c&f
6. Agro AST: 55,000 MT Russian wheat at 207+15.23=222.23 $/mt c&f
7. ADM: 60,000 MT Russian wheat at 208.45+15.37=223.82 $/mt c&f
8. Louis Dreyfus: 60,000 MT of Ukraine wheat at 207.97+16.19=224.16 $/mt c&f