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.

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