Algerian OAIC Purchases Wheat

published:08/12/2022 05:32 GMT

Algeria’s state grains agency OAIC is believed to have bought between 450,000 to 500,000 tons of milling wheat in an international tender which closed on Wednesday, European traders said on Thursday. This was above estimates of about 400,000 tons on Wednesday evening. Price estimates on Thursday were again between US$354 to US$355.50 a ton cost and freight (c&f) included, the same as reported on Wednesday night although US$355 a ton c&f was more frequently spoken of on Thursday. Technically...More