Traders said the following offers were submitted to GASC in the tender on Wednesday, September 16, (USD/MT, FOB) for Nov 10-20 shipment (payment within 180 days):

  • Casillo: 60,000 MT of Polish wheat at 228.43 $/mt fob
  • Posco: 60,000 MT of Russian wheat at 234.99 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 235.98 $/mt fob
  • Gemcorp: 55,000 MT of Russian wheat at 237.68 $/mt fob
  • Louis Dreyfus:
    • 60,000 MT of Ukraine wheat at 238.94 $/mt fob
    • 55,000 MT of Russian wheat at 237.74 $/mt fob
  • Cargill: 55,000 MT of Russian wheat at 239 $/mt fob
  • GTCS: 55,000 MT of Russian wheat at 240 $/mt fob
  • Agro AST: 60,000 MT of Russian wheat at 243 $/mt fob
  • Glencore: 55,000 MT of Russian wheat at 244.10 $/mt fob
  • Nibulon: 60,000 MT of Ukraine wheat at 245 $/mt fob
  • Grain Export: 60,000 MT of Russian wheat at 245.40 $/mt fob

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

  1. Posco: 60,000 MT of Russian wheat at 234.99 +13.25=248.24 $/mt c&f
  2. Casillo: 60,000 MT of Polish wheat at 228.43 +20.8=249.23 $/mt c&f
  3. Solaris: 60,000 MT of Russian wheat at 235.98 +13.25=249.23 $/mt c&f
  4. Gemcorp: 55,000 MT of Russian wheat at 237.68 +14.25=251.93 $/mt c&f
  5. Louis Dreyfus: 55,000 MT of Russian wheat at 237.74 +14.89=252.63 $/mt c&f
  6. Cargill: 55,000 MT of Russian wheat at 239 +14.6=253.6 $/mt c&f
  7. Louis Dreyfus: 60,000 MT of Ukraine wheat at 238.94 +14.17=253.11 $/mt c&f