June 24, 2011
Malaysia purchases Australian feed wheat
Malaysia has purchased an unspecified amount of Australian feed wheat for containerised shipment in July around US$310-US$315 a tonne, basis cost and freight, trading executives said Thursday (Jun 23).
They said Australian feed wheat is now being offered around US$263/tonne, free on board for bulk shipment in September, adding that some buyers in Southeast Asia are paying around US$15/tonne more to get smaller parcels in containers.