Saudi Arabia buys 330,000 tons of wheat

Sunday, 19 February 2012 17:15

Posted by Imaduddin

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JEDDAH: Saudi Arabia bought 330,000 tons of wheat from the United States, Canada, Australia and the European Union at an average price of $320.44 per ton, the kingdom's Grain Silos & Flour Mills Organization said in an emailed statement on Sunday.

The wheat will be for May and June shipments to the Jeddah and Dammam ports, the statement said.

"The average price for the quantities (6 vessels)... at $320.44 per ton," it added.