BR100 Decreased By (-1.49%)
BR30 Decreased By (-1.14%)
KSE100 Decreased By (-0.85%)
KSE30 Decreased By (-1.61%)
AGHA 6.12 Decreased By ▼ -0.06 (-0.97%)
BECO 4.15 Decreased By ▼ -0.08 (-1.89%)
BML 60.90 Decreased By ▼ -0.94 (-1.52%)
BOP 30.91 Decreased By ▼ -0.79 (-2.49%)
CNERGY 12.11 Increased By ▲ 0.05 (0.41%)
CSIL 5.66 Increased By ▲ 0.03 (0.53%)
FCCL 58.21 Decreased By ▼ -0.50 (-0.85%)
FFL 13.40 Decreased By ▼ -0.07 (-0.52%)
FNEL 1.17 No Change ▼ 0.00 (0%)
KEL 6.10 Decreased By ▼ -0.04 (-0.65%)
KOSM 5.61 Decreased By ▼ -0.05 (-0.88%)
LOTCHEM 24.35 Decreased By ▼ -0.47 (-1.89%)
MLCF 100.19 Decreased By ▼ -1.90 (-1.86%)
NBP 175.81 Decreased By ▼ -3.85 (-2.14%)
NCPL 51.90 Increased By ▲ 1.85 (3.7%)
NPL 53.93 Increased By ▲ 1.03 (1.95%)
OGDC 313.80 Decreased By ▼ -2.44 (-0.77%)
PACE 9.24 Increased By ▲ 0.03 (0.33%)
PAEL 33.55 Decreased By ▼ -0.47 (-1.38%)
PIBTL 13.23 Decreased By ▼ -0.19 (-1.42%)
PPL 218.10 Decreased By ▼ -3.20 (-1.45%)
PRL 85.50 Increased By ▲ 0.90 (1.06%)
PTC 47.45 Decreased By ▼ -0.93 (-1.92%)
SSGC 22.65 Decreased By ▼ -0.29 (-1.26%)
TBL 9.20 Decreased By ▼ -0.10 (-1.08%)
TELE 7.17 Increased By ▲ 0.10 (1.41%)
TPL 25.50 Decreased By ▼ -0.36 (-1.39%)
TPLP 13.15 Increased By ▲ 0.04 (0.31%)
TREET 24.55 Decreased By ▼ -0.44 (-1.76%)
TRG 53.58 Decreased By ▼ -0.45 (-0.83%)
Markets

Romanian wheat cannot meet Algeria's bug damage threshold

Published Updated

BUCHAREST: Romanian wheat from this year's harvest is "effectively barred" from Algeria's import tenders due to a strict, 0.1pc limit on bug damage, a trading house in southern Romania said on Monday.

"That's a really crazy bug content threshold. No Romanian wheat can meet this requirement as the last period was marred by drought here, helping bug levels to pick up," the head of a large trading house told Reuters.

Other Western origins, including France, have an advantage "as they have generally benefited from favourable humid weather," said the trader. He said he expected Romania to harvest up to a 10 million tonne crop this year.

France, Algeria's main supplier, was expected to face competition to fill the order from Baltic and Romanian wheat, traders had said.

Copyright Reuters, 2019

Comments

Comments are closed for this article.