Egypt's GASC gets offers in wheat tender Сен. 25, 2019

Traders said the following offers were submitted to GASC in the tender on Wednesday, September 25, for October 26-November 5 delivery (USD/MT, FOB):

• Glencore:
  • 60,000 MT of French wheat at 194.40 $/mt fob
  • 55,000 MT of Russian wheat at 203.30 $/mt fob
• Casillo: 60,000 MT of French wheat at 195.68 $/mt fob
• Agro AST: 60,000 MT of Russian wheat at 196.45 $/mt fob
• Lecureur: 60,000 MT of French wheat at 196.50 $/mt fob
• Posco International:
  • 60,000 MT of Russian wheat at 198.50 $/mt fob
  • 60,000 MT of Russian wheat at 198.95 $/mt fob
• Grain Export: 60,000 MT of Russian wheat at 199.25 $/mt fob
• Hakan:
  • 55,000 MT of Ukrainian wheat at 199.95 $/mt fob
  • 60,000 MT of Ukrainian wheat at 201.95 $/mt fob
• ADM:
  • 55,000 MT of Russian wheat at 200.75 $/mt fob
  • 55,000 MT of Russian wheat at 202.75 $/mt fob
• Louis Dreyfus: 60,000 MT of Ukrainian wheat at 200.77 $/mt fob
• Cargill: 55,000 MT of Russian wheat at 203.00 $/mt fob
• Aston: 55,000 MT of Russian wheat at 205.50 $/mt fob
• GTCS: 60,000 MT of Russian wheat at 208.00 $/mt fob

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

1. Agro AST: 60,000 MT of Russian wheat at 196.45+16.85=213.30 $/mt c&f
2. Grain Export: 60,000 MT of Russian wheat at 199.25+15.12=214.37 $/mt c&f
3. Posco International: 60,000 MT of Russian wheat at 198.50+16.85=215.35 $/mt c&f
4. Glencore: 60,000 MT of French wheat at 194.40+21.25=215.65 $/mt c&f
5. Posco International: 60,000 MT of Russian wheat at 198.95+16.85=215.80 $/mt c&f
6. Casillo: 60,000 MT of French wheat at 195.68+21.25=216.93 $/mt c&f