Algeria held a tender for the purchase of wheat
Algerian state company OAIC purchased 160-350 thousand tons of durum wheat of random origin at the tender on November 19. This was reported by Zerno On-line agency with reference to European traders.
The purchase price amounted to $348 C&F per ton for delivery on Panamax class vessels and $12 higher in case of wheat delivery on Handysize class vessels. Under the terms of the tender, shipments will take place between January 1 and February 28, 2025. According to traders, some of the wheat is purchased in Canada.
Further development of the grain and oilseed markets of Ukraine and the Black Sea region will be in the spotlight of the BLACK SEA GRAIN. KYIV conference, taking place on April 22–23 in Kyiv. The event will focus on strategic directions for the agricultural sector through 2030, including investments, energy independence, processing, and exports of high-value products.
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