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The lowest offer in the tender from the Ethiopian government to buy 600,000 tonnes of wheat which closed on April 30 was $225.40 a tonne c&f, traders said on Monday.
The lowest offer in a separate tender for 400,000 tonnes which closed on April 19 was $244.34 a tonne c&f submitted by trading company Gem Crop.
No purchase has yet been reported in either tender and offers are still being considered.
Ethiopia continues to feel the impact of a drought which has devastated farms in some regions.
The country has a large wheat import programme to cool domestic prices, but has struggled to get some purchases completed because of contractual disagreements.
The lowest offer in the 600,000 tonne tender was submitted by trading house Agrocorp International for 100,000 tonnes of optional origin wheat.
The offer includes extra financial costs for a 180 day payment delay and equates to $186.95 a tonne FOB, traders said.
But the lowest offer apparently did not include liner out terms, which involve extra costs for ship unloading.
The lowest offer in the 600,000 tonne tender including liner out costs and extra financial charges was $239.27 a tonne for 100,000 tonnes from trading house Ameropa, traders said.

Copyright Reuters, 2019

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