Home » World » Turkey begins buying grist with an offer of 455,000 tons

Turkey begins buying grist with an offer of 455,000 tons

Add more purchases in the table, details

HAMBURG, November 29 (Reuters)Turkey’s state grain corporation, TMO, has begun making interim purchases of grain in an international tender for 455,000 tonnes that ended on Tuesday with around 125,000 tonnes initially bought, traders said.

Further purchases are expected gradually through Tuesday. Imports and grain already in Turkey’s warehouses can be offered in the tender.

The tonnages acquired in the TMO tenders are provisional and are still subject to definitive confirmation in the next few days. Purchases can be reduced or canceled altogether.

Red grist is wanted for shipment to different Turkish ports in two periods, from December 7, 2022 to January 9, 2023 and from January 1 to February 17, 2023.

Traders reported these tentative purchases in the import tender with port of discharge/delivery, tons sold, seller, price in dollars per ton c&f or for delivery from warehouses in Turkey:

Shipping period from December 7th to January 9th:

Port Tons Selling price Warehouse/import

Izmir 50,000 Yayla $344.00 stock

Bandırma 25,000 Tiryaki $330.90 import

Tekirdag 50,000 Yayla $329.90 import

The race continues an active period of grain imports from Turkey. Turkey is too offer this week purchase 495,000 tons of barley for animal feed.

Turkey is among the major grain importers who benefited from the deal in early November to continue the safe shipping corridor for grain exports from Ukraine.

(Reporting by Michael Hogan, editing by Louise Heavens)

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

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Not all news on the site expresses the site’s point of view, but we broadcast this news automatically and translate it through programmatic technology on the site, and not by a human editor.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.