GASC bookings’ delivery period is typically referred to 30-45 days after tender close date. Average prices should not therefore be read as spot benchmarks. Similarly, GASC’s Booking balance is referred to bookings (not deliveries) during the 2015-16 MY.
The dominant wheat origin in 2016-17 MY was Russian and Dreyfus/Aston were the lead suppliers to GASC in 2016.
GASC Tenders. FOB Average Price Vs Volume Booked. Jan 24, 2016-March 15, 2017
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GASC has booked 5.6 mln mt of wheat since July 01, 2016. There are still 935k mt to be booked until the end of 2016-17 MY.
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GASC ‘s FOB average price on its March 15, 2017 tender was USD16.5 higher on year, a rise partly reflecting the relatively scarcity of 12.5% milling wheat and the weaker Rouble value in comparison with last year.
GASC Bookings. FOB Average Price in Last Tender Compared with Same Last Year
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GASC Bookings by Origin to March 15, 2017. July 2016-June 2017 MY
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GASC Bookings by Supplier to March 15, 2017. July 2016-June 2017 MY
