Algeria buys about 400,000 tons durum wheat in tender, traders say

Algeria’s state grains agency OAIC is believed to have purchased about 400,000 metric tons of durum wheat in an international tender which closed on Wednesday, European traders said on Thursday. (AFP/File)
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Updated 16 October 2025
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Algeria buys about 400,000 tons durum wheat in tender, traders say

  • The tender sought a nominal 50,000 metric tons but Algeria frequently purchases more than the volumes initially sought.
  • Algeria does not disclose the results of its tenders

HAMBURG: Algeria’s state grains agency OAIC is believed to have purchased about 400,000 metric tons of durum wheat in an international tender which closed on Wednesday, European traders said on Thursday.
The tender sought a nominal 50,000 metric tons but Algeria frequently purchases more than the volumes initially sought.
Initial estimates of the purchase price were around $324 a ton cost and freight (c&f) included for larger Panamax shipments and around $334 a ton c&f for smaller Handymax shipments.
About 90,000 tons of the purchase was believed to involve US-origin durum with much of the rest believed to involve Canadian-origin of type 3 Canada western amber durum (No.3 CWAD).
The tender sought shipment in four periods: November 1-15, November 16-30, December 1-15 and December 16-31.
Algeria does not disclose the results of its tenders and results reported are based on trader assessments. More detailed estimates of prices and volume are possible later.


UN chief slams ‘unlawful attacks’, says Mideast could spiral out of control

Updated 17 sec ago
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UN chief slams ‘unlawful attacks’, says Mideast could spiral out of control

  • Antonio Guterres calls for serious diplomatic negotiations
  • UN’s humanitarian chief Tom Fletcher describes deadly alliance of 'technology and killing with impunity'
UNITED NATIONS: UN Secretary-General Antonio Guterres condemned Friday “unlawful attacks” across the Middle East and warned that the situation could spiral out of control as the conflict spreads to multiple countries.
US and Israeli forces launched a massive air campaign against Iran on February 28. Iran has retaliated with strikes against Israel and Gulf countries.
Washington said it aimed to curb nuclear and missile threats from Tehran but it has also decapitated the country’s government, and President Donald Trump is now demanding “unconditional surrender.”
“All the unlawful attacks in the Middle East and beyond are causing tremendous suffering and harm to civilians throughout the region — and pose a grave risk to the global economy, particularly to the most vulnerable people,” Guterres said.
“The situation could spiral beyond anyone’s control. It is time to stop the fighting and get to serious diplomatic negotiations.”
The UN’s humanitarian chief Tom Fletcher said Friday that “we’re seeing staggering amounts of money, reportedly a billion dollars a day, funding this war spent on destruction, while politicians continue to boast about cutting aid budgets for those in greatest need.”
“We’re seeing an increasingly deadly alliance of technology and killing with impunity,” he added.
Fletcher said “we’re seeing a sustained attack against the systems and laws meant to restrain us from our worst instincts and from reckless warfare.”
He also reflected mounting concern about the war’s other impacts, warning that “it tears through markets, supply chains, food prices, and when that happens, it’s the most vulnerable people who are hit first and hardest.”