Saudi Arabia buys 575,000 tonnes hard wheat

JEDDAH: Saudi Arabia bought 575,000 tonnes of hard wheat (12.5 percent protein minimum) from the European Union, Australia, and North and South America for shipment during the December-February period, its Grain Silos and Flour Mills Organisation (GSFMO) said on Sunday.

The shipment will be sent to the kingdom's ports in Jeddah and Dammam, GSFMO said in an emailed statement.

The average price for these quantities (10 vessels) from TOEPFER & GLENCORE at $368.73 per tonne cost and freight Jeddah, and $374.49 per tonne to Dammam, it said.