Algeria secures 720,000 tons of wheat

Algeria intends to purchase between 540,000 and 720,000 tons of wheat in an international tender that was recently closed, with prices ranging around $289–290 per ton, including cost and freight. The largest shipments are expected from European suppliers such as Romania and Bulgaria, with a preference for sourcing from the least risky providers despite the availability of lower-priced Russian wheat offers, due to security concerns in Russian ports. This tender follows Algeria's purchase of more than 800,000 tons at lower prices in June, and aims to receive the shipments in three batches during September and October, with bids from different origins submitted according to specific schedules.

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