PARIS, Dec 1 (Reuters) – Algeria’s state grains agency OAIC bought at least 120,000 tonnes of optional-origin durum wheat in a tender that closed on Wednesday, European traders said on Thursday.
OAIC paid around US$310 to $315 a tonne, cost and freight included, and the grains were expected to be mainly sourced from Canada, along with one cargo from the United States, they said.
Canada is the world’s biggest exporter of durum, the wheat variety used to make grain dishes like pasta and couscous.
Some traders said the volume purchased may have reached around 150,000 tonnes, depending on the size of each cargo booked by OAIC.
Algeria, one of the world’s biggest cereal importers, does not publish details of its grain import tenders and results reported by traders are estimates.
The tender had set shipment dates between mid-January and mid-February, traders said.