Markets Extra

Results of April 6 Gasc wheat tender

Markets Extra07 Apr 2021by Markets Extra

Results of the latest wheat tender by Gasc, for August 1-10 shipment - its first for delivery in 2021-22.

There were 19 offers to the tender, all from Romania, Russia and Ukraine.

Tenders by Gasc - grain authority for Egypt, the world’s top wheat importer - are closely monitored by investors.

Results of the previous tender are available here.

Origin	Amount purchased (tonnes)	Price excluding freight ($ per tonne)	Merchant	Freight cost ($ per tonne)
Russian	55,000	234.00	GTCS	18.75
Russian	55,000	234.00	GTCS	18.75
Russian	60,000	234.00	Agro AST	18.00
Russian	60,000	234.00	Agro AST	18.00
Ukrainian	55,000	232.90	Olam	19.25
Russian	60,000	233.00	Grain Export	18.00
Total	345,000
Average price per tonne ($)		233.65		252.09 including freight

Running total of Gasc wheat tender results 2021-22
Origin	Amount purchased (tonnes)
Russia	290,000
Ukraine	55,000
Total	345,000

Total spent, including freight (million dollars)	86.97

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