Algeria tenders to buy wheat

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

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 Wednesday, May 11, with offers having to remain valid until Thursday, May 12. The wheat is sought for shipment in two periods from the main supply regions including Europe: July 1-15 and July 16-31. If sourced from South America or Australia, shipment is one month earlier.