Algeria purchased half a mln tons of durum wheat
On December 23, the Algerian state-owned company OAIC held a tender for the purchase of at least 50,000 tonnes of durum wheat of any origin, Reuters reported.
500,000-550,000 tonnes of wheat were purchased at a price of $315 C&F. Traders believe that some of the purchased wheat, which will be shipped on Handymax vessels, has a higher price: $323-325 C&F.
Under the tender terms, the wheat will be shipped on February 1-15 and 16-28, March 1-15, and March 16-31.
Read also
US aims to double soybean meal exports and expand soybean markets
India doubles wheat sales from state reserves amid rising prices
Germany expects Black Sea grain export deal in coming weeks
4S Business Summit: Connecting 4 Seas – Logistics & Trade
Global mineral fertilizer prices may decline amid weak demand and high stocks
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon