Algeria held a tender for the purchase of wheat
On February 25, the Algerian state company OAIC held a tender for the purchase of at least 50 thousand tons of milling wheat of any origin with a protein content of 11.5%. This was reported by the Zerno On-Line agency with reference to European traders.
150 thousand tons of wheat were purchased at a price of $273-274 per ton on a C&F basis and at $280 per ton on a C&F basis. According to other estimates, the purchase volume is 170 thousand tons.
According to the terms of the tender, the delivery will take place in April-June to the ports of Mostaganem and/or Tenes.
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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