Turkey: lowest wheat offer at $ 272 / tonne c & f

The cheapest offer that the Turkish state grain buyer TMO received in the first round of negotiations in its wheat tender to purchase 550,000 tons of Red Milling Wheat was initially estimated by traders at $ 272 / tonne c & f. The trading house GTCS offered 30,000 tons of wheat for delivery to the port of Samsun. No deal has been reported yet and discussions are ongoing. TMO traditionally goes into several rounds of negotiations and tries to renegotiate offers that have been received.

Hansa Terminhandel GmbH
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