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.
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
SPRING CROPS DATA UPDATED! Ukraine 2025 Crop & Sown Area Forecast
Farmers have already sown 76% of the projected area of spring grain and pulses c...
Ukrainian corn is losing price competitiveness
Brazil to increase soybean area for 2025/26 crop by almost 500 thsd ha
India’s Olive Oil Market Shows Growth Potential Despite Challenges
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon