🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

Lebanon buys about 30,000 metric tons wheat from Ukraine- traders

Published 12/07/2023, 01:45 PM
Updated 12/07/2023, 01:55 PM
© Reuters. FILE PHOTO: A farmer operates a combine while harvesting wheat in a field in the course of Russia-Ukraine conflict near Luhansk, Russian-controlled Ukraine, July 18, 2023. REUTERS/Alexander Ermochenko/File Photo
ZW
-

HAMBURG (Reuters) - The Lebanese government is believed to have purchased about 30,000 metric tons of milling wheat in a tender this week expected to be sourced from Ukraine, European traders said on Thursday.

© Reuters. FILE PHOTO: A farmer operates a combine while harvesting wheat in a field in the course of Russia-Ukraine conflict near Luhansk, Russian-controlled Ukraine, July 18, 2023. REUTERS/Alexander Ermochenko/File Photo

The purchase of 11.5% protein content wheat was said to have been made at about $253 a tonne c&f for spot shipment, traders said.

Finance is being provided by the World Bank as part of its continuing programme of wheat purchases to assist Lebanon, they said. The deadline for submissions of price offers in the tender was Dec. 5.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.