Algeria tenders to buy nominal 50,000 T soft milling wheat, traders say
Algeria’s state grains agency OAIC has issued a tender for 50,000 metric tons of soft milling wheat from optional origins. The deadline for price offers is August 8, with offers valid until August 9. The wheat is sought for shipment in two periods: October 1-15 and October 16-31, with earlier shipments if sourced from South America or Australia. Algeria is a key customer for EU wheat, particularly from France, though Black Sea exporters are increasing their market share.
HAMBURG/PARIS, Aug 6 (Reuters) -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 Tuesday.
The tender sought a nominal 50,000 metric tons but Algeria often buys considerably more in its tenders than the nominal volume sought.
The deadline for submission of price offers in the tender is Thursday, Aug. 8, with offers having to remain valid until Friday, Aug. 9.
The wheat is sought for shipment in 2024 in two periods from the main supply regions including Europe: Oct. 1-15 and Oct. 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.
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