Egypt's GASC gets offers in wheat tender Dec. 1, 2020
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):
- Nibulon: 60,000 MT of Ukrainian wheat at 262.50+12.50=275.00 $/mt c&f
- Cargill: 55,000 MT of Russian wheat at 261.85+13.50=275.35 $/mt c&f
- Posco: 60,000 MT of Russian wheat at 264.50+11.75=276.25 $/mt c&f
- Solaris: 60,000 MT of Russian wheat at 264.54+11.75=276.29 $/mt c&f
- GTCS: 55,000 MT of Russian wheat at 262.89+13.50=276.39 $/mt c&f
- Grain Export: 60,000 MT of Russian wheat at 264.40+12.49=276.89 $/mt c&f
- ADM: 55,000 MT of Russian wheat at 264.30+12.65=276.95 $/mt c&f