Philippines bought about 50,000 tonnes feed wheat this week

HAMBURG: Importers in the Philippines purchased about 50,000 tonnes of feed wheat seen likely to be sourced from Australia in a deal earlier this week, European traders said on Thursday.

It was purchased at around $280 to $282 a tonne c&f for shipment between the second half of March and first half of April.

Buyers in the Philippines also bought about 85,000 tonnes of feed wheat last week for shipment in the first half of April including some from Australia at around $285 a tonne c&f.