Algeria purchased 200 thsd tons of wheat
Algerian state-owned company OAIC purchased 200,000 tons of milling wheat of any origin at a tender, Reuters reports.
The wheat purchase prices were not disclosed. Traders believe they were high following the recent sharp rise in wheat export prices. The purchased wheat is likely of Black Sea origin, according to traders.
Bids for the tender closed on March 10. According to the tender terms, shipments will take place to the ports of Mostaganem and Tenes. Shipments are scheduled for the following periods: April 1-15, April 16-30, May 1-15, May 16-31, June 1-15, and June 16-30. For shipments from South America or Australia, the delivery dates are shifted forward by one month.
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
UGA forecasts 18% growth in Ukrainian corn exports next season
Netherlands rejects Argentine and Brazilian soymeal shipments over GM concerns
Large-scale anti-corruption operation underway at Romania’s Constanța port
Ukraine Oilseeds Market Enters a Season of Bigger Opportunities and New Risks
China renews export permits for US beef processors amid Trump-Xi Jinping talks
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon