BR100 Increased By (0.25%)
BR30 Increased By (0.67%)
KSE100 Increased By (0.25%)
KSE30 Increased By (0.2%)
AGHA 7.53 No Change ▼ 0.00 (0%)
BECO 5.17 Increased By ▲ 0.06 (1.17%)
BML 60.50 Increased By ▲ 2.20 (3.77%)
BOP 34.64 Increased By ▲ 0.06 (0.17%)
CNERGY 14.03 Increased By ▲ 0.35 (2.56%)
CSIL 6.35 Increased By ▲ 0.05 (0.79%)
FCCL 57.40 Decreased By ▼ -0.15 (-0.26%)
FFL 16.33 Decreased By ▼ -0.17 (-1.03%)
FNEL 1.19 Decreased By ▼ -0.01 (-0.83%)
KEL 7.34 Decreased By ▼ -0.02 (-0.27%)
KOSM 5.98 No Change ▼ 0.00 (0%)
LOTCHEM 27.75 Increased By ▲ 0.24 (0.87%)
MLCF 102.20 Increased By ▲ 0.27 (0.26%)
NBP 203.65 Increased By ▲ 0.36 (0.18%)
NCPL 61.30 Increased By ▲ 0.83 (1.37%)
NPL 70.24 Increased By ▲ 0.44 (0.63%)
OGDC 319.39 Increased By ▲ 0.91 (0.29%)
PACE 11.10 Decreased By ▼ -0.02 (-0.18%)
PAEL 42.90 Increased By ▲ 0.04 (0.09%)
PIBTL 16.88 Increased By ▲ 0.16 (0.96%)
PPL 233.59 Increased By ▲ 2.97 (1.29%)
PRL 82.98 Increased By ▲ 6.25 (8.15%)
PTC 72.00 Increased By ▲ 0.82 (1.15%)
SSGC 27.13 Increased By ▲ 0.03 (0.11%)
TBL 10.12 Decreased By ▼ -0.16 (-1.56%)
TELE 8.54 Decreased By ▼ -0.02 (-0.23%)
TPL 23.55 Decreased By ▼ -0.04 (-0.17%)
TPLP 15.58 Increased By ▲ 0.13 (0.84%)
TREET 24.29 Decreased By ▼ -0.22 (-0.9%)
TRG 59.68 Decreased By ▼ -0.41 (-0.68%)

Algeria's state grain buyer is tendering to buy 50,000 tonnes of optional origin durum wheat for shipment in January 1-15, European traders said on Tuesday. The bidding deadline was on Tuesday, they said. Grains should come from Canada, the United States or any other origin to be specified, traders said.
The tender comes just two months after the government ordered private importers to pay a $200 fee, backdated to August 1, for each tonne of durum wheat they imported, a measure aimed at encouraging consumption of local grain. "This come as a big surprise," a French trader said, noting that the government had said it did not need to import durum. Traders believed the Algerian state buyer aimed at increasing the quality of its durum stocks after increasing complaints by semolina makers. Algeria, the world's fifth biggest grain importer, has large stocks of durum wheat after a record harvest in 2009, and an above average crop this year.

Copyright Reuters, 2010

Comments

Comments are closed for this article.