HAMBURG: Importers in the Philippines are believed to have bought an estimated 56,000 tonnes of animal feed wheat to be sourced from optional origins in a tender for up to 168,000 tonnes which closed on Wednesday, European traders said in initial assessments of the purchase.
Traders estimated the wheat was bought in the low to mid $220s a tonne c&f.
The wheat was sought for shipment in up to three consignments each of about 56,000 tonnes between Aug. 16 and Oct. 22 depending on origin supplied.
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