Algeria Tenders to Buy Nominal 50,000 Metric Tons Soft Milling Wheat
Algeria’s state grains agency OAIC has launched an international tender to buy at least 50,000 tonnes of soft milling wheat from optional origins, with shipment scheduled between mid-April and May. The country often purchases larger volumes than the nominal amount, as competition intensifies among EU, Black Sea and other global suppliers.
Algeria’s state grains agency OAIC has issued an international tender to buy soft milling wheat to be sourced from optional origins, European traders said on Sunday.
The tender sought a nominal 50,000 metric tons but Algeria often buys considerably more in its tenders than the nominal volume sought, Reuters reported.
The deadline for submission of price offers in the tender is Tuesday, February 24, with offers having to remain valid until Wednesday, February 25. The wheat is sought for shipment in three periods from the main supply regions including Europe: April 16-30, May 1-15 and May 16-31. If sourced from South America or Australia, shipment is one month earlier.
Algeria is a vital customer for wheat from the European Union, especially France, but Russian and other Black Sea region exporters have been expanding strongly in the Algerian market.
To Read more about Wheat News continue reading Agriinsite.com
Source : Asharq AI Awsat
