Taiwan buys 111,650 tonnes US wheat in tender

HAMBURG: The Taiwan Flour Millers' Association has purchased 111,650 tonnes of milling wheat to be sourced from the United States in an international tender which closed on Wednesday, European traders said.

The purchase involved a range of different wheat types in two 55,825 tonne consignments for shipment from the U.S. Pacific North West coast.

The first consignment for shipment between Feb. 23 and March 9 includes 27,190 tonnes of U.S. dark northern spring wheat of 14.5 percent protein content bought at $251.18 a tonne FOB U.S. Pacific North West coast, traders said.

Another 20,785 tonnes of hard red winter wheat of 12.5 percent protein content was bought at $253.03 a tonne FOB and 7,850 tonnes of soft white wheat with 9 percent protein was bought at $237.14 a tonne FOB.

The first consignment has an additional freight charge of $27.88 a tonne for ocean shipping from the U.S. Pacific North West coast to Taiwan, they said.

The second consignment for shipment between March 11 and March 25 included 29,230 tonnes of dark northern spring wheat of 14.5 percent protein content, also bought at $253.03 a tonne FOB.

The second consignment also included 20,795 tonnes of hard red winter wheat of 12.5 percent protein content bought at $254.88 a tonne FOB and 5,800 tonnes of western white wheat with 9 percent protein bought at $237.14 a tonne FOB.

The second consignment has an additional charge of $28.31 a tonne for ocean shipping from the U.S. Pacific North West coast to Taiwan, they said.

Both the first and second consignment were sold by trading house CHS.

In its last reported tender on Dec. 6, the association purchased 110,000 tonnes of milling wheat, also to be sourced from the United States.