Algeria’s OAIC purchased 840,000 metric tons of milling wheat in an international tender, with prices between $279 and $279.50 per metric ton C&F. The wheat, expected from the Black Sea region, includes Ukraine, Romania, Bulgaria, and possibly Russia. This acquisition is part of Algeria’s strategy to ensure adequate wheat supplies.
source: https://www.xm.com/research/markets/commodities/reuters/algeria-wheat-purchase-seen-at-810000840000-t-traders-say-53853915
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