BACK TO ALL news

Tunisia Buys Wheat and Barley in International Tender

  • POST FROM 7 June 2024
Tunisia purchased approximately 50,000 metric tons of soft wheat and 75,000 metric tons of barley in an international tender on Friday. The wheat was bought at prices ranging from $267.64 to $267.77 per metric ton C&F from Bulgarian trading house Buildcom, and the barley at $219.49 per metric ton C&F from trading house Amber.

According to European traders, Tunisia’s state grains agency has reportedly secured approximately 50,000 metric tons of soft wheat and 75,000 metric tons of animal feed barley during an international tender held on Friday.

The purchase included 25,000 tons of wheat from trading house Finagrit at $267.64 per ton, cost and freight (c&f) included, and another 25,000 tons from Bulgarian trading house Buildcom at $267.77 per ton c&f.

For barley, the lowest bid came from trading house Amber, supplying 25,000 tons at $219.49 per ton c&f.

These figures are based on traders’ assessments, with final prices and volumes potentially subject to further adjustments.

The wheat is scheduled for shipment between July 1 and July 25, depending on the origin, while the barley is set for shipment between June 20 and July 30.

https://www.xm.com/research/markets/commodities/reuters/tunisia-buys-soft-wheat-barley-in-tender-traders-53856175

Read next

On Friday, Russia announced a federal emergency in 10 regions due to significant crop damage caused by May frosts. This measure aims to provide farmers with additional funds, although officials assured that it would not disrupt export commitments. The declaration…

7/06/2024
  • News
  • Prices

Chicago wheat prices dropped for the seventh consecutive session on Thursday, hitting their lowest point in almost four weeks due to the progressing US harvest. This shift overshadowed concerns about adverse weather in Russia. Soybeans and corn, on the other…

6/06/2024
  • News
  • Trade

A South Korean importer has reportedly purchased approximately 65,000 metric tons of animal feed corn from South America in a private deal made on Wednesday, according to European traders. The purchase was made from trading house Posco at an estimated…

6/06/2024
  • News
  • Forecasts