Algeria buys around 660,000 tons of wheat in tender, traders say

HAMBURG/PARIS: Algeria’s state grains agency OAIC is believed to have bought around 660,000 tons of optional-origin milling wheat in an import tender on Tuesday, European traders said.

OAIC was thought to have paid about $384 a ton, cost and freight included, for the entire volume, in line with the price cited earlier by traders in initial assessments.

The tender was understood to be finished, but further assessments of prices and volume were still possible, traders said.