Tunisia’s state grain agency announced its contract to import 100,000 tons of durum wheat through an international tender. The purchase was made from multiple sources on a cost and freight (C&F) basis, divided into 25,000-ton batches. Casillo secured three batches of durum wheat at prices of $338.68, $342.68, and $336.50 per ton, while Euroagricola won one batch at $336.50 per ton.
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Import of 125,000 Tons of Soft Wheat
In addition to the durum wheat, Tunisia contracted 125,000 tons of soft wheat in the same tender. These quantities were also divided into 25,000-ton batches. Aston secured two batches at $245.83 per ton, along with additional batches priced between $246.83 and $247.83 per ton. Casillo also won a batch at $246.98 per ton.
Delivery Timeline
Tunisia is set to receive the wheat shipments, both durum and soft, between October and November 2024. These imports are expected to meet local demand for flour, especially amid ongoing global supply chain challenges driven by economic and geopolitical shifts.
Importance of the Tender to the Tunisian Economy
This tender is part of Tunisia’s ongoing efforts to ensure a stable supply of essential foodstuffs. With the country heavily reliant on wheat imports to meet local demand, securing these quantities of durum and soft wheat represents a significant step toward bolstering food security. This move comes at a time when global markets are increasingly unstable, highlighting the strategic importance of these tenders for forward-planning in food supply.
Global Context of Wheat Prices
Global wheat prices continue to rise due to economic and geopolitical tensions, compounded by the impacts of climate change and conflicts on agricultural production. In light of this, Tunisia moved quickly to secure its needs through international tenders to stabilize wheat supplies in the coming months.
Challenges Facing the Tunisian Market
The Tunisian market faces growing challenges in securing essential food commodities due to external factors such as rising shipping costs and increased global demand. Despite these hurdles, Tunisia’s grain agency is striving to secure the necessary wheat quantities at competitive prices to ensure no shortages occur in local markets, especially given the ongoing global wheat crisis.
Summary
Tunisia’s state grain agency has contracted the import of 100,000 tons of durum wheat and 125,000 tons of soft wheat through an international tender held on September 19, 2024. The durum wheat purchase was divided into 25,000-ton batches. Casillo won three batches at prices of $338.68, $342.68, and $336.50 per ton, while Euroagricola secured one batch at $336.50 per ton.
In addition to the durum wheat, 125,000 tons of soft wheat were contracted, also divided into 25,000-ton lots. Aston won two batches at $245.83 per ton, with additional batches priced between $246.83 and $247.83 per ton. Casillo also provided one batch at $246.98 per ton.
The wheat shipments are expected to arrive in Tunisia between October and November 2024. These imports are crucial to meeting local demand for wheat, particularly in the context of rising demand for flour and food products in Tunisia. The contracts come at a time when global wheat markets are experiencing significant fluctuations due to economic and geopolitical challenges, making this tender an essential move to secure a stable food supply for the coming months.
This tender forms part of Tunisia’s broader efforts to safeguard its food security. Given the country’s reliance on wheat imports to meet domestic needs, ensuring timely and adequate supplies of both durum and soft wheat is critical. Moreover, rising global wheat prices and increased shipping costs pose significant challenges, but Tunisia has moved proactively to secure these quantities at competitive rates to avoid potential shortages in the local market.
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