Algeria Purchases Wheat for Shipment to Two Ports Amid Political Tensions
Algeria's state grain agency, OAIC, has reportedly purchased milling wheat through an international tender, with shipments directed to the ports of Mostaganem and Tenes. The exact volume of the purchase remains unclear, but initial estimates suggest prices ranging from $284 to $292 per metric ton, reflecting high costs due to shipping to smaller ports. This purchase comes amid political tensions that have led to the exclusion of French wheat from recent tenders, with Black Sea wheat gaining a stronger foothold in the Algerian market.