Algeria’s OAIC tenders for wheat for February shipment

Algeria’s state grain importer returned to the market with a tender for milling wheat for shipment in the second half of...

Algeria’s state grain importer returned to the market with a tender for milling wheat for shipment in the second half of February, traders told Agricensus late Monday.

Office Algerien Interprofessionnel des Cereales (OAIC) is seeking 50,000 mt of optional origin wheat for February 15-28 shipment.

OAIC typically buys more than the 50,000 mt it tenders for, with the tender expected to close on Wednesday.

At its last tender, which closed on December 31, OAIC booked at least 300,000 mt of wheat at $291-292/mt for CFR for January 1-31 delivery if the wheat is sourced from South America, or for February 1-28 if the supply comes from Europe or the Black Sea.

The USDA expects Algeria to import 6.5 million mt of wheat in the 2020/21 marketing year.

Details of previous OAIC wheat purchases can be found on the Agricensus Tender Dashboard.

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The corrections are as follows: AG-WHE-0028 Wheat 13.5% FOB Canada CWRS $/mt Incorrect prices: M1 July $279.00 per tonne M2 August $53.75 per tonne M3 September $55.50 per tonne M4 October $48.25 per tonne M5 November $48.25 per tonne M6 December $50.25 per tonne M7 January $41.00 per tonne M8 February $39.25 per tonne M9 March […]