Algeria buys more than 700,000 tonnes of wheat at $313
By the AFREEQUE newsroom, based on TSA
Algeria’s cereals office (OAIC) has bought more than 700,000 tonnes of soft wheat at about $313 a tonne, cost and freight, according to European traders cited by Reuters. The purchase brings Algeria’s soft wheat purchases since January 2026 to more than 5.3 million tonnes, with a significant share coming from Argentina.
Algeria’s cereals office (OAIC) bought more than 700,000 tonnes of milling wheat in a tender that closed on Monday 9 November, at about $313 a tonne cost and freight (c&f), according to Reuters, citing European traders. The volume exceeds the 600,000-tonne order placed on 13 October, which was priced at between $326 and $326.50 a tonne.
Since the start of the year, the OAIC, which holds the public monopoly on cereal imports, has ordered more than 5.3 million tonnes of soft wheat. A previous order for 500,000 tonnes was concluded on 16 September at $268-270 a tonne c&f, according to Reuters.
A significant share of the new volume is reportedly expected to come from Argentina, where the start of the new harvest is encouraging competitive export offers, Reuters reports. Romania and Bulgaria could also supply some of the cargoes.
Deliveries from Europe are scheduled for 1 to 15 January and then 16 to 31 January 2027. For cargoes from South America, India or Australia, shipment is expected about a month earlier, according to Reuters. The purchase comes the day after the new 50,000-tonne tender launched by the OAIC, announced on 11 November.
