GASC received offers from thirteen suppliers for wheat purchase

27 Jan, 2017
GASC received offers from thirteen suppliers for wheat purchase
Egypt's National company GASC carried out an auction for the purchase of soft milling wheat yesterday.

The following offers were made at FOB prices:

- 60,000 tons of Russian wheat from Louis Dreyfus at 193.74 USD/ton.

- 60,000 tons of Russian wheat from Grainbow at 192.25 USD/ton.

- 60,000 tons of Russian wheat from ECTP at 193.00 USD/ton.

- 60,000 tons of Russian wheat from Daewoo at 194.20 USD/ton.

- 60,000 tons of Russian wheat from Aston at 194.00 USD/ton.

- 60,000 tons of Russian wheat from Олам at 198.50 USD/ton.

- 60,000 tons of Russian wheat from AOS at 194.94 USD/ton.

- 55,000 tons of Russian wheat from Glencore at 192.99 USD/ton.

- 60,000 tons of Russian wheat from Alegrow at 194.00 USD/ton.

- 60,000 tons of Russian wheat at 196.00 USD/ton.

- 60,000 tons of Russian wheat from Cargill at 195.00 USD/ton.

- 60,000 tons of Romanian wheat from Cerealcom at 194.74 USD/ton.

- 60,000 tons of Romanian wheat from Nidera at 196.59 USD/ton.

- 60,000 tons of hard winter American wheat from Cargill at 197.00 USD/ton.

The best C&F offers are as follows:

- 60,000 tons of Russian wheat at 194.00 USD/ton + freight 9.25 USD/ton, total 203.25 USD/ton C&F.

- 60,000 tons of Russian wheat at 192.25 USD/ton + freight 11.25 USD/ton, total 203.50 USD/ton.

- 60,000 tons of Russian wheat at 193.00 USD/ton + freight 11.25 USD/ton, total 204.5 USD/ton.

- 60,000 tons of Russian wheat at 193.00 USD/ton + freight 11.25 USD/ton, total 204.99 USD/ton.

- 60,000 tons of Russian wheat at 194.00 USD/ton + freight 11.79 USD/ton, total 205.79 USD/ton.