(Adds freight offers)
ABU DHABI, Oct 15 (Reuters) - The lowest offer in Egyptian
state buyer GASC's wheat purchase tender that closed on Thursday
was $201.98 a tonne free on board (FOB) for Russian wheat,
traders said.
The offer was made for 60,000 tonnes, they said.
No purchase has yet been made and results are expected later
on Thursday, traders said.
The wheat is for shipment on Nov. 21-30.
Traders said the following offers were submitted to GASC in
the first round of the tender (in dollars a tonne FOB):
*Aston: 60,000 tonnes of Russian wheat at $201.98
*Glencore: 60,000 tonnes Romanian wheat at $203.65
*Vitol: 60,000 tonnes of Russian wheat at $203.75
*Olam: 60,000 tonnes Russian wheat at $204
*Cargill: 60,000 tonnes French wheat at $204.5
*Soufflet: 60,000 tonnes French wheat at $204.74
*Louis Dreyfus: 60,000 tonnes Russian wheat at $204.74
*Lecureur: 60,000 tonnes French wheat at $204.98
*Bunge: 60,000 tonnes French wheat at $205.3
*Invivo: 60,000 tonnes French wheat at $205.55
*Union Co.: 60,000 tonnes Russian wheat at $205.65
*Cargill: 60,000 tonnes Russian at $209.5
*ADM: 60,000 tonnes Russian wheat at $210.69
*ADM: 60,000 tonnes French what at $214.69
Traders also said the shortlist of best offers on a cost and
freight basis (C&F) was as follows:
*Aston: 60,000 tonnes of Russian wheat at $201.98 a tonne
FOB and $9.10 a tonne freight equating to $211.08 a tonne C&F
*Olam: 60,000 tonnes of Russian wheat at $204 a tonne FOB
and $8.62 a tonne freight equating to $212.62 a tonne C&F
*Glencore: 60,000 tonnes of Romanian wheat at $203.65 a
tonne FOB and $9.08 a tonne freight equating to $212.73 a tonne
C&F
*Vitol: 60,000 tonnes of Russian wheat at $203.75 a tonne
FOB and $9.10 a tonne freight equating to $212.85 a tonne C&F
*Union Co.: 60,000 tonnes of Russian wheat at $205.65 a
tonne FOB and $7.35 a tonne freight equating to $213 a tonne C&F
*Cargill: 60,000 tonnes of French wheat at $204.5 a tonne
FOB and $11.99 a tonne freight equating to $216.49 a tonne C&F
*Soufflet: 60,000 tonnes of French wheat at $204.74 a tonne
FOB and $11.99 a tonne freight equating to $216.73 a tonne C&F
The following is the full list of freight (ocean shipping)
offers made to transport the wheat purchased in the tender, in
dollars per tonne:
Romania
*National Navigation: $9.08
*United Marine: $8.62
France
*United Marine: $11.99
*Venus: $12.77
Russia
*National Navigation: $9.10
*United Marine: $8.62
*Union: $7.35