Egypt's GASC receives offers for wheat tender - trade
ABU DHABI/HAMBURG (Reuters) - The lowest offer in Egyptian state buyer GASC's wheat purchase tender that closed on Friday was $196.74 a tonne free on board (FOB) for French 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 Friday, traders said. The wheat is for shipment on Nov. 11-20. Traders said the following offers were submitted to GASC in the first round of the tender on Friday (in dollars a tonne FOB): *Soufflet: 60,000 tonnes French at $196.74 *Union Co.: 60,000 tonnes Russian at $198.11 *ADM: 60,000 tonnes Romanian at $198.69 *Cargill: 60,000 tonnes French at $198.80 *Cargill: 55,000 tonnes Russian at $199 *ADM: 60,000 tonnes Russian at $199.69 *Invivo: 60,000 tonnes French at $201 *Lecureur: 60,000 tonnes French at $201.40 *Bunge: 60,000 tonnes French at $203 *Vitol: 60,000 tonnes Russian at $203 *Glencore: 55,000 tonnes Russian at $206
