Algeria bought 660,000 tonnes wheat in tender - traders

18.10.2017

Algeria's state grains agency OAIC bought 660,000 tonnes of optional-origin milling wheat in an import tender that closed on Tuesday, European traders said on Wednesday.

OAIC paid prices ranging from $210 to $212.50 a tonne, cost and freight included, the traders said.

Most of the wheat was expected to be sourced in France, Algeria's main supplier, while some may also be sourced in Argentina, they said.

The wheat was sought for shipment in January.

Algeria, one of the world's biggest grain importers, does not disclose details of its tenders and results reported by traders are estimates.


indiatimes

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