The lowest offer into today’s international wheat tender lunched by Egypt ‘s state commodities buyer GASC, was believed to be $325.25 a tonne FOB.
The wheat was sourced from Ukraine and the offer was submitted by trading house Olam for 60,000 tonnes.
The shipment is request between Nov. 23 and Dec. 3.
Payment at 180 days.
Others suppliers, origins and prices were:
Soufflet for French wheat at $328.92;
Viterra for Romanian wheat at $325.86;
Ameropa at $326.91 for Romanian origin;
ADM at $330.75 for Romanian origin;
Grain Export, for Russian wheat at $327.00;
GTCS for Russian origin at $327.00;
Posco at $330.70 for Russian origin;
Agro AST for Russian wheat at $335.00;
Olam at $325.25, for Ukrainian wheat;
Nibulon for Ukrainian origin at $325.50;
Louis Dreyfus at $328.00 for Ukrainian origin.
No purchase has been made and the result is expected later during the afternoon.
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