Algeria tenders to buy nominal milling wheat

HAMBURG/PARIS: Algeria’s state grains agency OAIC has issued an international tender to buy soft milling wheat to be sourced from optional origins, European traders said on Monday.

The tender sought a nominal 50,000 metric tons, but Algeria often buys considerably more than the nominal volume sought. The deadline for submission of price offers is November 11 with offers having to remain valid until November 12.

The wheat is sought for shipment in two periods from the main supply regions including Europe: January 1 to 15 and January 16 to 31. If sourced from South America, India or Australia, shipment is one month earlier.