Philippines bought around 50,000 metric tons of feed wheat from Australia, traders say
Philippine importers have purchased about 50,000 metric tons of Australian animal feed wheat, European traders said. The deal, estimated at mid to high \$280s per ton c\&f, is expected for September shipment. Figures are based on trader assessments, with possible revisions to price and volume estimates later.
HAMBURG: An importer group in the Philippines is believed on Friday to have bought around 50,000 metric tons of animal feed wheat, expected to be sourced from Australia, European traders said on Monday.
Traders estimated the wheat purchase was made in the mid to high $280s a ton c&f and was expected to be for September shipment.
Reports reflect assessments from traders and further estimates of prices and volumes are possible.
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Source : Business Recorder
