12.
10.20
09:45

The next Algeria wheat tender could be fulfilled by people bordering the Black Sea

Algeria's state grain buyer OAIC today launched a tender to buy milling wheat with a new specification. It is expected that Russian and Ukrainian wheat will now also be offered with a protein content of 12.5%.
According to the new tender conditions, the OAIC now tolerates up to 0.5% damage from insect damage. Previously, the tolerance limit was 0.1%. The providers from the Black Sea region could not maintain this value.
To date, however, this rule only applies to wheat with 12.5% protein. Wheat deliveries with 11% protein must therefore not exceed 0.1% insect damage.
The tender is for a quantity of 50,000 tons. Usually the OAIC then buys a multiple of this amount. The offers must be submitted by today and should be valid until tomorrow. Deliveries should be made in the period from 1 to 15 As well as from 16.-30. November.

Source
Hansa Terminhandel GmbH
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