Algeria buys up to 720,000 tons of wheat in international tender

It is believed that the Algerian Professional Office of Cereals purchased between 660,000 and 720,000 tons of milling wheat in an international tender that closed on Tuesday, at prices ranging from $326 to $326.50 per ton, including cost and freight, according to updated information reported by Reuters on Wednesday from European traders. This quantity exceeds initial estimates released on Tuesday evening, when traders anticipated Algeria would purchase around 600,000 tons, while the announced quantities and prices remain estimates subject to update as additional information comes from the market. View the full content on Echourouk Online.