Traders said the following offers were submitted to GASC in the tender on Tuesday, December 1, for Jan 26-Feb 5 shipment (USD/MT, FOB):

  • Cargill: 55,000 MT of Russian wheat at 261.85 $/mt fob
  • Nibulon: 60,000 MT of Ukrainian wheat at 262.50 $/mt fob
  • GTCS: 55,000 MT of Russian wheat at 262.89 $/mt fob
  • ADM: 55,000 MT of Russian wheat at 264.30 $/mt fob
  • Grain Export: 60,000 MT of Russian wheat at 264.40 $/mt fob
  • Posco: 60,000 MT of Russian wheat at 264.50 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 264.54 $/mt fob
  • LDC: 60,000 MT of Ukrainian wheat at 265.77 $/mt fob
  • Ameropa: 60,000 MT of Romanian wheat at 267.47 $/mt fob
  • Glencore: 55,000 MT of Russian wheat at 269.86 $/mt fob

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

  1. Nibulon: 60,000 MT of Ukrainian wheat at 262.50+12.50=275.00 $/mt c&f
  2. Cargill: 55,000 MT of Russian wheat at 261.85+13.50=275.35 $/mt c&f
  3. Posco: 60,000 MT of Russian wheat at 264.50+11.75=276.25 $/mt c&f
  4. Solaris: 60,000 MT of Russian wheat at 264.54+11.75=276.29 $/mt c&f
  5. GTCS: 55,000 MT of Russian wheat at 262.89+13.50=276.39 $/mt c&f
  6. Grain Export: 60,000 MT of Russian wheat at 264.40+12.49=276.89 $/mt c&f
  7. ADM: 55,000 MT of Russian wheat at 264.30+12.65=276.95 $/mt c&f