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

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