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Markets

Tunisia tenders to buy 167,000 tonnes milling wheat

Published Updated

HAMBURG: Tunisia's state grains agency has issued an international tender to purchase 167,000 tonnes of soft milling wheat, European traders said on Thursday.

The origin was optional and the tender deadline is Friday Aug. 25, they said.

The wheat was sought in seven consignments, six of 25,000 tonnes and one of 17,000 tonnes, for shipment between Oct. 15 and Dec. 25, depending on origin.

Tunisia bought 50,000 tonnes of feed barley on Wednesday as the country joined importers taking advantage of low prices.

European wheat futures in Paris fell to contract lows on Tuesday on strengthening signs of a bumper crop in Russia and traders noted that low prices had prompted the return of some buyers to the market.

Copyright Reuters, 2017

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