The Egypt's state grain buyer, the General Authority for Supply Commodities (GASC) on Wednesday, October 6, bought 240,000 MT of wheat from Russia (180,000 MT) and from Romania (60,000 MT) for November 11-20 shipment:

  • 60,000 MT of Romanian wheat from Cargill at 350.47 $/mt c&f (319.97 fob+30.50 freight);
  • 60,000 MT of Russian wheat from Solaris at 351.99 $/mt c&f (320.69 fob+31.30 freight);
  • 60,000 MT of Russian wheat from Solaris at 351.99 $/mt c&f (320.69 fob+31.30 freight);
  • 60,000 MT of Russian wheat from Solaris at 351.99 $/mt c&f (320.69 fob+31.30 freight).

GASC has bought so far a total 2,325,000 MT of wheat (590,000 MT from Russia, 1200,000 MT from Romania, and 535,000 MT from Ukraine) for supply in 2021/22 (July-June).

Traders said the following offers were submitted to GASC in the first round of the tender:

for November 11-20 shipment
  • Cargill: 60,000 MT of Romanian wheat at 319.97 $/mt fob Constanta
  • Solaris:
    • 60,000 MT of Russian wheat at 320.99 $/mt fob Novorossiysk
    • 55,000 MT of Russian wheat at 322.99 $/mt fob Taman
  • Posco: 60,000 MT of Ukrainian wheat at 321.80 $/mt fob Mykolaiv
  • GTCS:
    • 55,000 MT of Russian wheat at 324.00 $/mt fob Tuapse
    • 60,000 MT of Russian wheat at 325.00 $/mt fob Novorossiysk/KSK
  • Viterra: 60,000 MT of Ukrainian wheat at 324.51 $/mt fob Chornomorsk
  • Ameropa: 60,000 MT of Romanian wheat at 324.57 $/mt fob Constanta
  • Grainexport: 60,000 MT of Russian wheat at 325.35 $/mt fob Novorossiysk
  • ADM: 60,000 MT of Russian wheat at 325.40 $/mt fob Novorossiysk
  • Dreyfus: 60,000 MT of Ukrainian wheat at 327.00 $/mt fob Odesa
  • Agro AST: 60,000 MT of Russian wheat at 335.00 $/mt fob Novorossiysk
for November 21-30 shipment
  • Inerco: 60,000 MT of Ukrainian wheat at 321.35 $/mt fob Chornomorsk
  • Nibulon: 60,000 MT of Ukrainian wheat at 322.75 $/mt fob Ochakiv
  • Posco: 60,000 MT of Russian wheat at 323.80 $/mt fob Novorossiysk
  • Ameropa: 60,000 MT of Romanian wheat at 324.57 $/mt fob Constanta
  • Olam: 60,000 MT of Ukrainian wheat at 325.40 $/mt fob Chornomorsk
  • GTCS:
    • 55,000 MT of Russian wheat at 326.00 $/mt fob Tuapse
    • 60,000 MT of Russian wheat at 327.00 $/mt fob Novorossiysk/KSK
  • Dreyfus: 60,000 MT of Ukrainian wheat at 327.00 $/mt fob Odesa
  • Solaris:
    • 55,000 MT of Russian wheat at 327.99 $/mt fob Taman
    • 60,000 MT of Russian wheat at 327.99 $/mt fob Novorossiysk
    • 60,000 MT of Russian wheat at 327.99 $/mt fob Novorossiysk
  • Cargill: 60,000 MT of Russian wheat at 328.28 $/mt fob Novorossiysk
  • Agro AST: 60,000 MT of Russian wheat at 339.00 $/mt fob Novorossiysk