Traders said the following offers were submitted to GASC in the tender on Tuesday, August 6, for September 5-15 delivery (USD/MT, FOB):

  • Hakan:
    • 55,000 MT of Ukrainian wheat at 198.70 $/mt fob
    • 60,000 MT of Russian wheat at 203.90 $/mt fob
  • Louis-Dreyfus: 60,000 MT of Ukrainian wheat at 200.17 $/mt fob
  • Solaris: 60,000 MT of Russian wheat at 204.22 $/mt fob
  • Posco International: 60,000 MT of Russian wheat at 204.70 $/mt fob
  • ADM:
    • 55,000 MT of Russian wheat at 204.75 $/mt fob
    • 55,000 MT of Russian wheat at 206.25 $/mt fob
    • 60,000 MT of Romanian wheat at 205.26 $/mt fob
  • Garant Logistics: 60,000 MT of Russian wheat at 205.50 $/mt fob
  • CHS: 60,000 MT of Romanian wheat at 206.13 $/mt fob
  • Lecureur: 60,000 MT of French wheat at 206.50 $/mt fob
  • GTCS: 60,000 MT of Russian wheat at 207.00 $/mt fob
  • Olam: 60,000 MT of Russian wheat at 208.50 $/mt fob
  • Glencore: 55,000 MT of Russian wheat at 208.86 $/mt fob
  • Agro Industrial: 60,000 MT of Russian wheat at 210.00 $/mt fob

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

  1.  Louis-Dreyfus: 60,000 MT of Ukrainian wheat at 200.17+17.17=217.34 $/mt c&f
  2.  Hakan: 55,000 MT of Ukrainian wheat at 198.70+20.97=219.67 $/mt c&f
  3.  Hakan: 60,000 MT of Russian wheat at 203.90+13.47=217.37 $/mt c&f
  4.  ADM: 60,000 MT of Romanian wheat at 205.26+15.19=220.45 $/mt c&f
  5.  Solaris: 60,000 MT of Russian wheat at 204.22+16.30=220.52 $/mt c&f
  6.  Posco International: 60,000 MT of Russian wheat at 204.70+16.30=221.00 $/mt c&f
  7.  ADM: 55,000 MT of Russian wheat at 204.75+16.90=221.65 $/mt c&f