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Markets

Philippines bought about 85,000 T feed wheat this week

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Some 50,000 tonnes was bought at below $260 a tonne c&f for shipment to the port of Batangas. The United States was seen as a possible origin.

Another 35,000 tonnes was purchased at around $285 a tonne c&f to the port of Cebu and was thought likely to be sourced from Australia.

Both consignments were for shipment in the first half of April.

Copyright Reuters, 2019