Saudi Arabia buys 661,000 tons of wheat in tender

DUBAI: Saudi Arabia purchased 661,000 metric tons of wheat in its fourth tender this year, the General Food Security Authority said on Monday.

Delivery is scheduled from September through October, according to the GFSA.

The tender was awarded to six companies whose bids were the lowest in price and met the specifications, GFSA added.

The origin countries are the European Union, the North and South Americas, Australia and the Black Sea.

The GFSA sought the wheat in 11 cargoes.

The authority said shipment was sought to the Red Sea ports of Jeddah, Jizan and Yanbu.

These would comprise four shipments totalling 244,000 tons for Jeddah, another six cargoes totalling 362,000 tons for Yanbu, and one 55,000-ton cargo for Jizan.