Markets

Algeria wheat purchase lower than thought at 340,000 T

Published February 21, 2018 Updated February 21, 2018 03:18pm

OAIC does not publish details of its grain import tenders and results reported by traders are estimates.

Traders said OAIC paid between $223 and $226 a tonne, cost and freight (C&F), for the wheat. Earlier estimates had given a wider price range of $220-$226, although most of the purchase was thought to have been made at $225-$226.

The tender sought shipment in April or May, depending on the origin.

 

Copyright Reuters, 2018