Ethiopia buys about 400,000 tonnes of wheat

The Ethiopian government has bought about 400,000 tonnes of wheat in a tender for the same volume, European traders said on Monday. The wheat is from optional origins but likely to include the Black Sea region as a source, they said.
The wheat was bought by Ethiopia's Public Procurement and Property Disposal Service (PPPDS) in three shipment consignments each of 133,333 tonnes. The first is scheduled for March, the second is for April and the third is scheduled for May. The first consignment was purchased from trading house Promising International at $227.85 a tonne c&f, the second was bought from ADM at $227.50 a tonne c&f and the third from Phoenix at $225.10 a tonne c&f, traders said.