HAMBURG: The lowest price offer submitted in the tender from Iraq's state grains board to buy at least 50,000 tonnes of hard wheat was $299 a tonne c&f for wheat to be sourced from the United States, European traders said on Monday.
The wheat in the tender which closed on Monday can be sourced only from the United States, Canada or Australia.
Offers must remain valid up to Oct. 22.
The lowest price offered for Australian wheat was $301.27 a tonne and lowest for Canadian wheat was $304.96 a tonne c&f.
No purchase has yet been made and the offers are still being considered.
Five trading houses participated in the tender.
The Middle East buyer last purchased wheat in August, when it bought 100,000 tonnes of US and Australian origin.
There has been uncertainty about Iraq's grain buying strategy after the trade ministry said in April it would negotiate more direct contracts for the import of rice and wheat after failures to secure supply via international tenders.
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