Egypt's GASC gets offers in wheat tender Sept. 8, 2021

Traders said the following offers were submitted to GASC in the tender on Wednesday, September 8, for October 25-November 3 shipment (USD/MT, FOB):

• Nibulon: 60,000 of Ukrainian wheat at 310.25 $/mt fob
• Soufflet: 60,000 of French wheat at 311.63 $/mt fob
• Viterra:
  • 60,000 of French wheat at 311.86 $/mt fob
  • 60,000 of Ukrainian wheat at 326.86 $/mt fob
• Dreyfus: 60,000 of Ukrainian wheat at 314.00 $/mt fob
• Olam: 60,000 of Ukrainian wheat at 315.00 $/mt fob
• Cofco: 60,000 of Ukrainian wheat at 316.00 $/mt fob
• Inerco: 60,000 of Ukrainian wheat at 316.45 $/mt fob
• GTCS: 60,000 of Russian wheat at 317.00 $/mt fob
• Ameropa: 60,000 of Romanian wheat at 319.88 $/mt fob
• Grainexport:
  • 60,000 of Russian wheat at 320 $/mt fob
  • 60,000 of Russian wheat at 320 $/mt fob
  • 60,000 of Romanian wheat at 325.00 $/mt fob
• Posco: 60,000 of Russian wheat at 320.20 $/mt fob
• Solaris: 60,000 of Russian wheat at 323.66 $/mt fob
• Ago AST: 60,000 of Russian wheat at 329.00 $/mt fob

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

1. Nibulon: 60,000 of Ukrainian wheat at 310.25+32.90=343.15 $/mt c&f
2. GTCS: 60,000 of Russian wheat at 317.00+27.80=344.80 $/mt c&f
3. Dreyfus: 60,000 of Ukrainian wheat at 314.00+33.75=347.75 $/mt c&f
4. Olam: 60,000 of Ukrainian wheat at 315.00+32.90=347.90 $/mt c&f
5. Inerco: 60,000 of Ukrainian wheat at 316.45+32.90=349.35 $/mt c&f
6. Ameropa: 60,000 of Romanian wheat at 319.88+31.45=351.33 $/mt c&f
7. Soufflet: 60,000 of French wheat at 311.63+41.00=352.63 $/mt c&f