Traders said the following offers were submitted to GASC in the tender on Tuesday, July 14, (USD/MT, FOB) for Aug 16-26 shipment (payment at sight):

  • AST Agro: 60,000 MT of Russian wheat at 211.90 $/mt fob
  • Olam: 55,000 MT of Ukrainian wheat at 212.50 $/mt fob
  • Louis Dreyfus: 60,000 MT of Ukrainian wheat at 213.00 $/mt fob
  • RIF: 55,000 MT of Russian wheat at 213.00 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 213.69 $/mt fob
  • Posco: 60,000 MT of Russian wheat at 214.25 $/mt fob
  • ADM: 60,000 MT of Russian wheat at 215.40 $/mt fob
  • Grain Export: 60,000 MT of Russian wheat at 216.15 $/mt fob
  • Glencore: 60,000 MT of Russian wheat at 216.86 $/mt fob
  • Hakan: 55,000 MT of Ukrainian wheat at 218.85 $/mt fob

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

  1. AST Agro: 60,000 MT of Russian wheat at 211.90+14.85=226.75 $/mt c&f
  2. Olam: 55,000 MT of Ukrainian wheat at 212.50+15.87=228.37 $/mt c&f
  3. Solaris: 60,000 MT of Russian wheat at 213.69+15.20=228.89 $/mt c&f
  4. RIF: 60,000 MT of Russian wheat at 213.00+16.00=229.00 $/mt c&f
  5. LDC: 60,000 MT of Ukrainian wheat at 213.00+16.20=229.20 $/mt c&f