July 23, 2019 / 12:38 PM / a month ago

UPDATE 2-Lowest offer at Egypt's GASC wheat tender for Ukraine wheat -traders

(Adds cost and freight offers)

DUBAI, July 23 (Reuters) - The lowest offer presented at an Egyptian state tender for wheat was $198.80 per tonne free-on-board (FOB) for 60,000 tonnes of Ukraine wheat, traders said on Tuesday.

The offer was presented by Hakan. Results for the tender are expected on Tuesday.

Traders gave the following breakdown of the offers presented in dollars per tonne on a free-on-board (FOB) basis:

*Glencore: 55,000 tonnes of Russian wheat at $206.86

*ADM: 55,000 tonnes of Russian wheat at $203.25

*CHS: 60,000 tonnes of Romanian wheat at $206.38

*GTCS: 60,000 tonnes of Russian wheat at $204

*Hakan: 60,000 tonnes of Ukraine wheat at $198.80

*Ameropa: 60,000 tonnes of Romanian wheat at $203.88

*Posco Intl: 60,000 tonnes of Russian wheat at $204.8

*Posco Inl: 60,000 tonnes of Russian wheat at $207.15

*Agro AST: 60,000 tonnes of Russian wheat at $204.99

*LDC: 60,000 tonnes of Ukraine wheat at $202.97

*Solaris: 60,000 tonnes of Russian wheat at $202.72

Traders said the following were the best offers in dollars per tonne including cost and freight (C&F):

*Hakan: 60,000 tonnes of Ukraine wheat at $198.80 FOB and $18.3 freight equating to $217.1 C&F

*Ameropa: 60,000 tonnes of Romanian wheat at $203.88 FOB and $16.3 freight equating to $220.18 C&F

*Solaris: 60,000 tonnes of Russian wheat at $202.72 FOB and $17.5 freight equating to $220.22 C&F

*LDC: 60,000 tonnes of Ukraine wheat at $202.97 FOB and $18.3 freight equating to $221.27 C&F

*ADM: 55,000 tonnes of Russian wheat at $203.25 FOB and $18.2 freight equating to $221.45 C&F

*GTCS: 60,000 tonnes of Russian wheat at $204 and $17.5 freight equating to $221.5 C&F (Reporting by Maha El Dahan, Nadine Awadalla and Michael Hogan; editing by Jason Neely and Louise Heavens)

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