Turkey's state grain board TMO bought about 113,400 tonnes of corn in international tenders which closed on Tuesday, traders said. The TMO had issued nine separate tenders each of 12,000 tonnes, traders said. The TMO reserved the right to purchase 20 percent more or less than the tender volumes.
Traders said these purchases were made in Turkish lira per tonne c&f for unloading at different Turkish ports with dollar equivalents in brackets: Izmir port: Two 12,600 tonne consignments at 712.50 Turkish lira ($180.19)per tonne from Erser One 12,555 tonne consignment at 715 Turkish lira ($180.82) per tonne from Cargill Bandarma port: Two 12,690 tonne consignments at 707.50 Turkish lira ($178.92)per tonne from Solaris Antalya Four 12,575 tonne consignments all at 714 Turkish lira ($180.57) a tonne from Kulberg Shipment was sought between November 27 and December 10, a period regarded as rapid by traders.
Turkey is currently highly active in the global grain market. The TMO also bought about 230,000 tonnes of European milling wheat in a tender on Friday. Other tenders for 96,000 tonnes of feed barley close on Tuesday and for rice on Wednesday and Friday.
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