Categories: Economy

Algeria Launches International Tender for Wheat Flour Acquisition

Algeria Launches International Tender for Wheat Flour Acquisition

Algeria’s Professional Grain Office has officially announced an international tender for the purchase of wheat flour, as reported by sources from European traders. This tender will be conducted in two distinct phases: the first phase will span from July 1 to July 15, while the second phase will run from July 16 until the end of July. The primary supply regions for this tender include Europe, with additional imports anticipated from South America, Australia, and India.

Details of the International Tender

Traders have indicated that shipments originating from South America, Australia, or India must be dispatched at least one month prior to the specified deadlines. The tender outlines a nominal quantity of 50,000 tons; however, it is customary for the Professional Grain Office to procure significantly larger volumes than this initial figure, ensuring a robust supply chain for the nation’s wheat needs.

Diversifying Supply Sources and Previous Tender Purchases

As one of the world’s largest importers of wheat, Algeria has historically depended on the European Union, particularly France, for its supplies. In recent years, however, the country has increasingly turned to Russia and other Black Sea nations due to evolving geopolitical circumstances, including strained diplomatic relations with France. This shift has led to a substantial decline in French wheat sales to Algeria since mid-2024.

In the previous tender conducted at the end of March, the Professional Grain Office successfully acquired approximately 700,000 tons of wheat at a price nearing $272 per ton, inclusive of shipping costs. This underscores the significance of international tenders in fulfilling Algeria’s wheat requirements, especially amidst ongoing fluctuations in the global market.

For more information, visit the original article here.

Yemen TV

Recent Posts

The Deputy Chief of Staff chaired a meeting of the Military Academy Admissions Committee to discuss arrangements for the 54th batch.

Preparations Underway for the 54th Batch of Military College Cadets A meeting held today in…

1 day ago

The governor of Al Hudaydah inspects the wounded from the Houthi militia’s treacherous shelling in Al Mokha.

Governor of Al Hudaydah Visits Civilians Injured in Houthi Attack On Sunday, Al Hudaydah Governor…

1 day ago

South Korea reports a significant rise in heat-related illnesses and deaths over the past decade.

Significant Rise in Heat-Related Illnesses and Deaths in South Korea Recent government data reveals a…

1 day ago

Kuwait reaffirms its support for the Yemeni government and praises the UN Security Council’s commitment to international law regarding Yemen.

Kuwait Reaffirms Support for Yemeni Government Kuwait has reiterated its unwavering support for the legitimate…

1 day ago

The U.S. Senate approves temporary funding to avert a government shutdown.

U.S. Senate Approves Temporary Funding Bill to Avert Government Shutdown The U.S. Senate has approved…

1 day ago

The governor of Al-Dhale’e has ordered heightened military and security readiness to address any potential threats decisively.

Governor of Al-Dhale'e Calls for Enhanced Military Readiness Al-Dhale'e, Yemen – The Governor of Al-Dhale'e…

1 day ago