Algeria procured at least 500,000 tons of durum wheat at an international tender.

The Algerian State Grain Regulatory Office (OAIC) has purchased between 500,000 and 550,000 tons of hard wheat of optional origin in an international tender with a planned minimum of 50,000 tons, reported the electronic publication APK-Inform, citing its sources among market participants. The wheat was purchased for about $315 per ton C&F, but only for shipments delivered by Panamax ships (which carry 65,000-80,000 tons), while shipments by Handymax ships (which carry 40,000-50,000 tons) see the price rise to $323-325 per ton. For comparison – at the last successful tender for the import of hard wheat in Algeria, held 5 weeks ago, 160,000-180,000 tons were purchased at prices of $348 per ton C&F for shipments by Panamax ships and $360 for shipments by Handymax ships, and at the tender in Tunisia 2 weeks ago, the delivery of 100,000 tons was agreed at prices between $317.99 and $321.29 per ton C&F. The delivery of the ...