Lowest offer at Egypt's GASC tender $315.3/t FOB -traders (updated)

Posco International

17/02/2022 12:26

(Adds detail)
    CAIRO, Feb 17 (Reuters) - The lowest offer presented at an
Egyptian state purchasing tender for wheat on Thursday was
$315.3 a tonne for 60,000 tonnes of Ukrainian wheat free on
board (FOB), traders said.  
    The offer was presented by Posco International.  
    Egypt’s state grains buyer, the General Authority for Supply
Commodities, is seeking an unspecified quantity of wheat for
shipment April 1–10.  
    Traders gave the following breakdown of the offers on an FOB
basis in dollars per tonne:  
 Supplier    Quantity    Origin      FOB ($)
             (KMT)                   
 Viterra     60          FR          321.34
 Soufflet    60          FR          323.75
 Lecureur    60          FR          324
 Viterra     60          RO          318
 Al Dahra    60          RO          318.6
 ADM         60          RO          318.7
 Ameropa     60          RO          319.3
 Cargill     60          RO          324.99
 Cofco       60          RO          326.75
 CHS         60          RO          329.95
 Grain       60          RU          318
 Export                              
 Solaris     60          RU          321.15
 RIF         60          RU          322
 GTCS        60          RU          323
 Solaris     55          RU          323.15
 Posco       60          UKR         315.3
 Viterra     60          UKR         318
 Nibulon     60          UKR         318.95
 Inerco      60          UKR         319
 Trade                               
 Cargill     60          UKR         320.88
 LDC         60          UKR         321.95
                                     
 No purchase has yet been made but tender results are expected
later on Thursday.  
    

 (Reporting by Sarah El Safty and Michael Hogan; editing by
Jason Neely)
 ((Sarah.ElSafty@thomsonreuters.com;))