Algeria announces tender for purchase of 240 thsd tons of corn

no purchases have been reported. Traders said the new tender announcement reflects the lack of significant purchases in the previous tender for 240,000 tons of corn, which ended on June 3. Algeria has held regular corn tenders throughout May and June, but participation from trading companies has been limited. Traders complain of delays in unloading ships at Algerian ports, which has led to significant financial costs for sellers. Some traders believe that these repeated tenders are more a test of prices than a real demand for imports. The terms of the latest tender have been changed again: corn can be supplied from any country in the world. Previous tenders, which were limited to supplies from Argentina or Brazil, ended without significant purchases. The new tender provides for six lots of 30,000-40,000 tons, with shipments between July 15 and 31. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became ...