UPDATE 1-Tunisia buys 100,000 T soft wheat, 100,000 T durum, traders say

Author Logo | Wed, 27 Nov 2024 14:04:34 GMT

(Adds detailed purchase breakdown, shipment)

HAMBURG, Nov 27 (Reuters) – Tunisia’s state grains agency is believed to have purchased about 100,000 metric tons of soft wheat and about 100,000 tons of durum in an international tender for the same volume on Wednesday, European traders said.

Traders said the soft wheat and durum were both bought in four 25,000 ton consignments from optional origins.

For the soft wheat, trading house Viterra sold three consignments at $257.68, $258.86 and $259.86 while Bulgarian trading house Buildcom sold one at $259.37 all per ton cost and freight (c&f) included.

Traders said Casillo sold three consignments of durum at $346.71, $347.98 and $349.49 while Viterra sold one durum consignment at $348.88 all per ton c&f.

Both the wheat and durum were sought for shipment between Dec. 15, 2024, and Jan. 25, 2025, depending on the origins sought for supply.

In its last reported durum tender on Nov. 1, Tunisia’s state grains agency purchased about 75,000 tons. In its last reported soft wheat tender on Oct. 22, Tunisia bought about 125,000 tons.

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Traders said the tender made no mention of payment by outside agencies. Finance for several tenders in past months has been provided by the World Bank and other agencies assisting Tunisia with its recent economic difficulties.

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later. (Reporting by Michael Hogan, editing by Jason Neely)

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