Iran purchased Russian wheat
Iran’s state-owned trading company GTC last week bought an undisclosed amount of wheat, some of which traders believe is of Russian origin, Reuters reported.
Traders said Iran wanted to buy about 180,000 tonnes of wheat for delivery to Persian Gulf ports and about 60,000 tonnes for delivery to Caspian Sea ports. They also said they had been asked to provide prices for wheat for delivery in September.
The complexity of payment mechanisms for grain delivered to Iran made it difficult for traders to participate in procurement talks.
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
Afghanistan becomes global leader in drug production thanks to ephedra shrub
Ukraine agrees to establish first agrohub in Africa
Wheat tenders show stable asking prices despite forecasts of increased global harvest
Syrian government officials arrive in Ukraine to discuss food supplies
Soybean prices are expected to weaken in Asia amid trade uncertainty between the U...
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon