Turkey confirms buy of about 245,000 tonnes in wheat tender -traders

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Turkey confirms buy of about 245,000 tonnes in wheat tender -traders


Adds particulars, awards desk from paragraph 4

HAMBURG, Aug 4 (Reuters)Turkey’s state grain board TMO has confirmed remaining purchases of solely round 245,000 tonnes of wheat in a global tender which closed on Wednesday, merchants mentioned.

The TMO had on Monday made provisional purchases of 395,000 tonnes, topic to later affirmation.

Provisional purchases in tenders may be lowered or cancelled utterly by the TMO.

Costs within the tender have been considered too excessive, merchants mentioned.

Merchants reported these remaining purchases with port of unloading, quantity in tonnes, vendor and worth in {dollars} a tonne c&f, The wheat has 11.5% protein besides the place said. :

Port Quantity Vendor Worth

Derince 50,000 tonnes Viterra $297.40

Iskenderun 25,000 tonnes Erkan $308.90 (12.5% protein)

Bandirma 25,000 tonnes Orsett $302.00 (12.5%)

Bandirma 25,000 tonnes GTCS $299.90

Tekirdag 25,000 tonnes Erser $299.50

Samsun 50,000 tonnes Rolweg $298.68 (12.5%)

Trabzon 20,000 tonnes GTCS $299.95

Karasu 25,000 tonnes GTCS $299.70

Some gives within the tender have been made utilizing native provides from warehouses in Turkey.

The TMO on Tuesday additionally cancelled a young for animal feed barley after provisionally awarding 515,000 tonnes as costs have been too excessive.

In its final reported wheat tender on July 13, the TMO purchased 395,000 tonnes on the lowest worth of $253.88 a tonne c&f.

Costs within the Black Sea area have risen sharply in current weeks largely on account of issues about crop harm in Russia.

(Reporting by Michael Hogan; Enhancing by Alexander Smith)

(([email protected]; +49 172 671 36 54; Reuters Messaging: [email protected]))

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