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Results of Gasc wheat tender - August 25

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Results of the latest wheat tender by Gasc, which comprised two tranches, for different October shipping dates.

 

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.

 

 

For shipment October 11-20
Origin Amount purchased (tonnes)
Price excluding freight ($ per tonne)
Merchant
Freight cost ($ per tonne)
Russian 60,000 213.00 Agro AST 14.50
Russian 55,000 213.00 GTCS 14.86
Russian 55,000 213.00 GTCS 15.73
Russian 60,000 213.00 Grain Export 15.35
Total 230,000
Average price per tonne ($)
213.00 228.10
including freight

 

 

For shipment October 21-31
Origin Amount purchased (tonnes)
Price excluding freight ($ per tonne)
Merchant
Freight cost ($ per tonne)
Russian 60,000 213.33 Solaris 13.48
Russian 60,000 213.33 Agro AST 14.40
Russian 60,000 213.33 Solaris 14.50
Russian 60,000 213.00 Grain Export 15.35
Russian 60,000 213.00 Grain Export 15.35
Total 300,000
Average price per tonne ($)
213.20 227.81
including freight

 

 

Grand total
Volume (tonnes)
530,000
Average price per tonne ($)
213.11 227.94
including freight

 

 

 

 

 

Running total of Gasc wheat tender results 2020-21
Origin Amount purchased (tonnes)
Romania 60,000
Russia 2,294,000
Ukraine 415,000
Total 2,884,000
Total spent, including freight (million dollars) 648.20

 

 

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