Algeria bought corn in tender, volume unclear, traders say

Algerian state agency ONAB is believed to have bought an unknown volume of animal feed corn expected to be sourced from Argentina or Brazil in an international tender for up to 80,000 metric tons which closed on Wednesday, European traders said on Monday.

Trader estimates of volumes bought were between 40,000 to 80,000 tons. Prices were unavailable.

Corn shipment was sought by Oct. 20 at the latest in two consignments each of between 30,000 and 40,000 tons.

Results reflect assessments from traders and further estimates of prices and volumes are still possible later.

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!!!

Tags: tender, Brazil, Argentina, shipment, animal feed corn, Algeria, ONAB