HAMBURG/PARIS: Algeria’s state grains company OAIC has purchased milling wheat in a world tender which closed on Wednesday, European merchants mentioned.
Purchases had been initially reported at round $244.50 a metric ton value and freight (c&f) included, they mentioned.
The exact measurement of the acquisition in tonnage phrases was not initially clear. However preliminary dealer estimates had been of a big buy of between 600,000 and 700,000 metric tons.
Stories mirror assessments from merchants and additional estimates of costs and volumes are nonetheless potential later.
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