Ethiopia gets few offers in 430,000-tonne wheat tenders- trade

An Ethiopian government agency is believed to have received only one offer in a tender to 400,000 tonnes of milling wheat which closed on Tuesday, European traders said on Thursday.

One trading house is believed to have offered the full 400,000 tonnes at around $313 a tonne c&f, traders said in initial assessments.

Two trading houses were believed to have submitted offers in a separate tender for 30,000 tonnes of milling wheat which closed on April 15, they said. Participants in the 30,000-tonne tender were said to be Promising International and Falconbridge Resources.

Source: Reuters

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