You are here

Indonesia buys 50,000 T of Black Sea wheat for March shipment

SINGAPORE, Feb 9 (Reuters) - A flour miller in Indonesia
bought 50,000 tonnes of Black Sea-origin wheat this week for
shipment in March, two traders said.

The deal for wheat with 11.5 percent protein was signed at
$225 a tonne, including cost and freight.

Flour mills in Asia are seeking Black Sea wheat for
shipments in March-April, typically the peak marketing season
for the Australian crop, because of ample global supplies and
competitive prices.
(Reporting by Naveen Thukral; Editing by Sherry Jacob-Phillips)

© Copyright Thomson Reuters 2018. Click For Restrictions -

Read more about

Talk in Marketing

Most Recent Poll

Do you agree or disagree with President Trump’s negotiating style for trade agreements?