Egypt GASC wheat tender lowest offer $190.88/t from Ukraine

CAIRO, June 22 (Reuters) - The lowest offer at a purchase tender held by Egypt's state grain buyer GASC on Thursday was at $190.88 per tonne free-on-board (FOB) for 55,000 tonnes of Ukrainian wheat, traders said.

The lowest offer after accounting for shipping costs was presented by Cerealcom for 60,000 tonnes of Russian wheat at $207.09 per tonne.

Results are expected to be announced later on Thursday.

GASC is seeking an unspecified amount of wheat from global suppliers for shipment for July 25-August 5.

The tender came the same day a court verdict to suspend the country's food inspection system revealed the ruling, made verbally this month, was partly based on allowing for a ban on the grain fungus ergot - reviving the possibility that the controversial zero tolerance policy could return.

Traders said the following offers were made in dollars per tonne on an FOB basis:



Ukraine

*Venus: 55,000 tonnes at $190.88



Russian

*ADM: 60,000 tonnes at $198.85

*GTCS: 60,000 tonnes at $196.85

*Daewoo: 60,000 tonnes at $196.75

*Aston: 60,000 tonnes at $204.00

*AOS: 55,000 tonnes at $195.95



Romanian

*ADM: 60,000 tonnes at $197.97

*Cerealcom: 60,000 tonnes at $193.94

*Cofco: 60,000 tonnes at $195.00

*Glencore: 60,000 tonnes at $196.20

*Friends: 60,000 tonnes at $203.00



French

*Casillo: 60,000 tonnes at $196.69



Traders said the best offers on a cost and freight basis (C&F) in dollars per tonne were as follows:



Romanian: *Cerealcom: 60,000 tonnes at $193.94 and $13.15 freight equating to $207.09 C&F *Cofco: 60,000 tonnes at $195.00 and $13.15 freight equating to $208.15 C&F *Glencore: 60,000 tonnes at $196.20 and $13.65 freight equating to $209.85 C&F *ADM: 60,000 tonnes at $197.97 and $14.32 freight equating to $212.29 C&F



Ukrainian:

*Venus: 55,000 tonnes at $190.88 and $18.95 freight equating to $209.83 C&F



Russian:

*Daewoo: 60,000 tonnes at $196.75 and $13.40 freight equating to $210.15 C&F

*AOS: 55,000 tonnes at $195.95 and $15.55 freight equating to $211.50 C&F

*GTCS: 60,000 tonnes at $196.85 and $15.00 freight equating to $211.85 C&F

(Reporting by Eric Knecht, Maha El Dahan, Michael Hogan and Valerie Parent; editing by Jason Neely and David Clarke) ((eric.knecht@thomsonreuters.com; +20 2 2394 8102; Reuters Messaging: eric.knecht.thomsonreuters.com@reuters.net))