Traders estimate Iran’s recent purchase of Russian wheat at 500 thsd tons

Iran’s state-run GTC agency likely purchased about 500,000 tons of wheat at the end of last week. Most of it was Russian grain, Reuters reports.
The news agency is revising its estimate of the purchase volume for the second time, citing data from European traders. It also mentions unconfirmed rumors of 1 million tons.
The initial estimate was 120,000 tons, the second was about 250,000 tons.
Deliveries are scheduled for April. In some deals, the price could have been 310 euros per tonne C&F.
Discover more about аgri market developments at the 11 International Conference BLACK SEA OIL TRADE on September 23 in Bucharest! Join agribusiness professionals from 25+ countries for a powerful start of the oilseed season!
Read also
BLACK SEA OIL TRADE-2025: New Rules, Old Risks – How Grains & Oils Will...
Increased soybean supply increases pressure on quotes and lowers prices in Ukraine
IGC slightly raises global wheat production forecast
Ітdia to develop new soybean varieties using genome editing
Kazakhstan loses ground in flour exports:
Write to us
Our manager will contact you soon