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Iraq buys 300,000 tonnes Canadian wheat
HAMBURG : The state Iraq Grain Board has purchased a total 300,000 tonnes of wheat all of Canadian origin in an internat
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HAMBURG: The state Iraq Grain Board has purchased a total 300,000 tonnes of wheat all of Canadian origin in an international tender for a nominal 50,000 tonnes which closed on Tuesday, European traders said on Thursday.
Traders said 100,000 was purchased from Glencore at $356 a tonne C&F liner out, 50,000 tonnes from Louis Dreyfus at $361.22 a tonne C&F free out (ciffo), 50,000 tonnes from ADM at $361 ciffo and 100,000 tonnes wheat from Middle Eastern trader Jresat at $361 a tonne ciffo, traders said.
In its previous wheat tender reported on Feb. 22, Iraq bought 400,000 tonnes of Canadian wheat.
Copyright Reuters, 2012
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