DUBAI/HAMBURG: Egypt's state grain buyer, the General Authority for Supply Commodities (GASC), has received offers from six suppliers at its latest international wheat purchasing tender, traders said on Tuesday.
Supplier GTCS provided the lowest offer at $197 a tonne free-on-board (FOB) for 55,000 tonnes of Russian wheat.
GASC is expected to announce the results of the tender later on Tuesday.
Traders said the following offers were made in dollars per tonne on an FOB basis:
GTCS: 55,000 tonnes of Russian wheat at $197
AOS/Union: 60,000 tonnes of Russian wheat at $197.70, 60,000 tonnes of Russian wheat at $205
Garant Logistics: 60,000 tonnes of Russian wheat at $197.95
Daewoo: 60,000 tonnes of Russian wheat at $198.50
Aston: 60,000 tonnes of Russian wheat at $199.45
ADM: 60,000 tonnes of Russian wheat at $204.15, 60,000 tonnes of Romanian wheat at $204.85
Traders also said the following were the cost and freight (C&F) offers in dollars per tonne:
GTCS: 55,000 tonnes of Russian wheat at $197 FOB and $15.15 freight equating to $212.15 C&F
AOS/Union: 60,000 tonnes of Russian wheat at $197.70 FOB and $14.54 freight equating to $212.24 C&F
Garant Logistics: 60,000 tonnes of Russian wheat at $197.95 FOB and $14.54 freight equating to $212.49 C&F
Daewoo: 60,000 tonnes of Russian wheat at $198.50 FOB and $13.75 freight equating to $212.25 C&F
Aston: 60,000 tonnes of Russian wheat at $199.45 FOB and $13.75 freight equating to $213.20 C&F
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