Algeria held a tender for the purchase of wheat
On September 23, the Algerian state-owned company OAIC held a tender for the purchase of at least 50,000 tons of soft wheat of any origin, according to the Zerno On-Line news agency, citing European traders.
The purchase price was $259-261 per ton on a cash and freight basis. Negotiations are still ongoing, and the exact purchase volume is still unknown.
Under the tender terms, wheat shipments will take place between November 1-15 and November 16-30 if the wheat is of European or Black Sea origin. For wheat shipments from South America or Australia, the deadline is shifted forward by one month.
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.
Join strategic discussions and networking with industry leaders to gain актуальна insights, discover new business opportunities, and build partnerships with key market players.
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