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Markets

Ethiopia gets offers in tender to buy 75,000 tonnes wheat

Ethiopia currently has tenders for some 830,000 tonnes of wheat in the international market. The offer was sub
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  • Ethiopia currently has tenders for some 830,000 tonnes of wheat in the international market.
  • The offer was submitted by trading house Promising International.

HAMBURG: The lowest offer in the tender from the Ethiopian government to buy 75,000 tonnes of wheat which closed on Wednesday was about $310 a tonne c&f including transport to an inland destination, traders said on Thursday.

The offer was submitted by trading house Promising International.

No purchase had yet been reported and the offers are still being considered, they said.

Ethiopia currently has tenders for some 830,000 tonnes of wheat in the international market.

Ethiopia is still struggling with the impact of drought which has devastated farms in some regions.

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