Algeria Purchases Black Sea Wheat at Tender
On March 12, the Algerian state company OAIC purchased 450 thousand tons of soft wheat of any origin at a tender. This was reported by the Zerno On-Line agency with reference to European traders. The purchase price was $268.5 C&F per ton.
The wheat will be delivered in two periods: May 1-15 and May 16-31. When delivered from South America or Australia, the dates are shifted a month earlier.
According to traders, the purchased grain will be delivered mainly from the Black Sea countries, including Ukraine, Romania and Bulgaria.
Some traders believe that the purchase volume is 650 thousand tons.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Romania proposes joint NATO command to protect the Black Sea
Drought in India threatens sugar and biofuel production
Record sunseed harvest in Russia threatens to drive down prices in Kazakhstan
Corn drying costs in Ukraine could exceed the value of the grain at current prices
Oilseeds remain the only profitable segment of crop production in Russia
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon