The Turkish state grain exchange TMO has started buying wheat as part of the tender to buy 320,000 tons. An initial deal was over 50,000 tons.
The tonnages purchased by TMO in the tenders are preliminary and have to be finally confirmed in the coming days. Purchases can be reduced or canceled entirely.
The first purchase is said to have been made for $ 359.40 per ton of c & f from trading house Olam for shipment to the port of Mersin, traders said.
Source
Hansa Terminhandel GmbH