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Bangladesh gets offers in 50,000 T wheat tender consisting of Russian

The lowest offer in an global tender from Bangladesh's state grains buyer to purchase 50,000 metric lots of wheat on Thursday was $292.14 a. metric ton liner out, European traders said.

Russian wheat was once again provided in the tender, partially with. other origins, following debate in Bangladesh's previous. tender in October being knotted in unofficial Russian grain. export limitations.

The deal was thought to have been sent by Russian. trading home Aston for wheat sourced from a series of 28. optional origins thought to consist of Russia.

3 other companies took part in the tender.

Cereal Crops used $299.95 a lot for Russian wheat,. traders stated.

Intra Organization provided $295.38 for wheat optionally from. Ukraine, Russia, Romania, Bulgaria, Argentina, the United States. and Canada.

Aditya Birla Global Trading provided $304.32 for wheat. sourced from Russia, Ukraine, Romania, Bulgaria, Poland or. Argentina.

Russia, the world's biggest wheat exporter, has tried to. limitation grain deliveries to global markets to cool domestic flour. and bread costs with measures consisting of a minimum export rate,. greater export taxes and limitations on foreign business. exporting Russian wheat.

In Bangladesh's Oct. 22 tender, 2 dealerships, Agrocorp and. SMC Food DMCC, were amongst three participants offering grain on. an optional origin basis that might have included Russian wheat.

Russia's Grain Exporters Union sent out a letter to Russian. traders stating Agrocorp and SMC Food DMCC were not on its list. of foreign dealers with off-take agreements with Russian. companies to export Russian wheat.

Agrocorp and SMC Food DMCC were not reported as. participating in Thursday's tender.

Bangladesh typically does not make instant decisions about. wheat purchases which can take some time to be verified. CIF. liner out terms consist of ocean shipping and ship discharging expenses.

Reports reflect evaluations from traders and even more. price quotes of prices and volumes are possible later.

(source: Reuters)