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.
Further development of the grain sector in the Black Sea and Danube region will be discussed at the 23 International Conference BLACK SEA GRAIN.KYIV on April 24 in Kyiv.
Join strategic discussions and networking with industry leaders!
Read also
Demand for Ukrainian corn may increase significantly due to the introduction of ta...
TEUS – Sponsor of Exclusive Networking Event within BLACK SEA GRAIN.KYIV
Kolodziejczak: Poland should buy or lease a port in Odesa to gain access to the Bl...
FAS USDA expects Canadian canola production to increase despite shrinking acreage
Tender Notice for Greenhouse Suppliers
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon