ALGIERS - An international tender has been issued by Algeria’s state grains agency OAIC to purchase a nominal 50,000 tonnes of durum wheat, European traders said on Tuesday.
The deadline for submissions of price offers in the tender is Thursday, Oct. 6, with offers having to remain valid until Friday, Oct. 7, they said.
Shipment is sought in three periods between Oct. 16-31, Nov. 1-15 and Nov. 16-30.
Volumes in Algeria’s tenders are nominal and the country frequently purchases more than the volumes initially sought.
Algeria also bought soft milling wheat in an international tender last week.
Earlier in August, Algeria’s state grains agency OAIC purchased up to 720,000 tonnes of optional-origin milling wheat in an international tender. According to Nasdaq news website, the Algerian agency has paid about $384 a tonne, cost and freight included, for the entire volume. It was indicated that the purchase was sourced from France, with additional 60,000 tonne consignment thought likely to be sourced from Russia.
