Algeria tenders to buy nominal 50,000 tonnes of milling wheat

HAMBURG: Algeria’s state grains agency OAIC has issued an international tender to buy milling wheat to be sourced from optional origins, European traders said on Sunday.

The tender sought a nominal 50,000 tonnes but Algeria often buys considerably more in its tenders than the nominal volume sought.

The deadline for submission of price offers in the tender is Tuesday, Dec. 14, with offers to remain valid until Wednesday, Dec. 15.

The wheat is sought for shipment in 2022 in three periods from the main supply regions including Europe: Jan. 16-31, Feb. 1-15 and Feb. 16-28. If sourced from South America or Australia, shipment is one month earlier.

Algeria is a major customer for wheat from the European Union, especially France.