Taiwan buys 40,000 tonnes wheat of US-origin in tender

HAMBURG: The Taiwan Flour Millers’ Association purchased an estimated 40,000 tonnes of milling wheat to be sourced from the United States in a tender which closed on Wednesday, European traders said.

The wheat was bought in one consignment comprising various wheat types for shipment from the US Pacific Northwest coast between May 14 and May 28.

The purchase involved US dark northern spring wheat of 14.5% protein content bought at $439.82 a tonne FOB US Pacific Northwest coast, traders said. Hard red winter wheat of 12.5% protein was bought at $462.94 a tonne FOB and soft white wheat of 10.5% protein was bought at $415.47 a tonne FOB.

The purchase has an additional freight charge of $74.14 per tonne for ocean shipping from the US Pacific Northwest coast to Taiwan, they said. The seller of all the wheat was said to be trading house CHS.