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More French wheat cargoes loading for Romania
PARIS ,Romania has bought two additional cargoes of French wheat of 8,500 tonnes and 20,000 tonnes respectively, shipping sources said on Monday.
These cargoes, which come on top of three cargoes of French wheat totalling 41,400 tonnes reported earlier this month, bring the total amount of French wheat shipped in July from the French port of La Pallice to Romania to around 70,000 tonnes.
Traders said the 8,500 tonnes cargo, as well as the three earlier cargoes, had been bought at around 155/160 euros per tonne C&F. Traders did not give a price for the 20,000 tonnes wheat cargo.
One trader said the amount of French wheat sold to Romania since the beginning of the year could reach 150,000 tonnes.
The French purchases came under the so-called double-zero agreement between the European Union and candidate countries, under which applicants may import a limited amount of EU grain with no tariff, traders said.
MGR Archive 22.7.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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