Turkey gets offers in 515,000 tonne barley purchase tender – trade
The lowest offer in the first round of the tender from Turkey’s state grain board TMO to buy 515,000 tonnes of animal feed barley on Tuesday was believed to be $275 a tonne c&f, traders said in initial assessments.
The offer was said to have been submitted by trading house AP Zerno. It was made for a total of 25,000 tonnes for shipment to the port of Bandirma.
No purchase has yet been reported, they said. The TMO traditionally undertakes several rounds of negotiations in tenders seeking lower offers each round.
Barley shipment is sought between Sept. 1 and Sept. 15.
Source: Reuters (Reporting by Michael Hogan)