13.
12.21
09:42

Algeria: Favorable tender conditions for wheat from Russia

Algeria's state grain agency OAIC has maintained the quality specifications that are favorable for offers of Russian wheat in its new international tender for the purchase of wheat published on Sunday, European traders announced on Monday.
A copy of the tender submitted to Reuters shows that the damage limit for insects was kept at a maximum of 1%.
In its last tender in November, Algeria raised the insect damage level from 0.5% to 1%, a measure that benefits offers from Russian wheat. Russian wheat has struggled to break into the lucrative Algerian market, in part because of the generally higher levels of insect damage than grain from the European Union.
It is believed that wheat of Russian origin accounted for a significant portion of the over 700,000 tons purchase made in Algeria's tender in November.
Algeria is an important market for EU wheat exporters, especially France and Germany.
Source
Hansa Terminhandel GmbH
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