Rising freight rates raises Australian wheat prices in Asia
Published 2021년 2월 26일
Tridge summary
Australian wheat offer prices in Southeast Asia have increased due to rising freight rates, with premium white wheat quoted at $318-320 per tonne C&F, up from $310 previously. Australian standard wheat is offered at $314 per tonne C&F, and Australian durum wheat at about $325 per tonne. Prices for new harvest wheat from the Black Sea region are quoted at $280 per tonne C&F for delivery in August.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Australian wheat offer prices in the Southeast Asian market increased this week. Rising freight rates have raised the cost of grain for importers, two traders said Friday. Australian premium white wheat in Southeast Asia is quoted at $ 318-320 per tonne C&F, up from $ 310 a few weeks ago. “The freight market is growing very quickly and is causing prices to rise,” said the trader. Australian standard wheat is offered at $ 314 per tonne C&F, while Australian durum ...
Source: Oilworld
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