UPDATE 1-Algeria buys durum wheat in tender, traders say
(Adds additional price estimate and first volume estimate in paragraphs 3-4, changes dateline)
HAMBURG/PARIS, Dec 18 (Reuters) – Algeria’s state grains agency OAIC is believed to have purchased durum wheat in an international tender on Wednesday, European traders said.
The volume bought was unclear.
Initial estimates of the purchase prices were around $340 a ton cost and freight (c&f) included for larger Panamax shipments, and around $350 to $352 a ton c&f for smaller Handymax shipments.
One trader estimated that four Panamax shipments were bought.
Both purchases was believed to include in part Canadian-origin of type Canada western amber durum (CWAD), traders said. Some was also thought to be sourced from the United States and Australia.
The tender had sought a nominal 50,000 tons for shipment in four periods in 2025 – March 1-15. March 16-31, April 1-15 and April 16-30.
Algeria does not disclose the results of its tenders and results reported are based on trader assessments. More detailed estimates of prices and volume are possible later.
In its last durum tender reported on Nov. 21, Algeria made purchases at around $348 a ton c&f for Panamax shipments and around $360 a ton c&f for smaller shipments. (Reporting by Michael Hogan in Hamburg and Gus Trompiz in Paris, editing by Jan Harvey)
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