Saudi Arabia grain purchaser SAGO announced this morning that it had bought 715,000 tons of wheat in a tender.
The average price is c & f USD 247.46 / ton. Delivery takes place in April and June.
The sellers Holbud Limited (GB) and Glencore (CH) decide where they want to get the wheat from. European traders hope to be able to supply a large proportion of the quantity, which consists of 12 subsets weighing 55,000-60,000 tons.
Source
HANSA Terminhandel
