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Indonesia seeking more Black Sea region wheat - trade

Indonesia seeking more Black Sea region wheat - trade  

Wed July 11 2018


Indonesian importers are inquiring about purchasing about 90,000 tons of Black Sea origin milling wheat likely to be sourced from Russia and Ukraine, European traders said on Wednesday.


The wheat with 11.5 percent protein content was for nearby shipment.


2Indonesian buyers are seeking much larger volumes of wheat for later shipment in September/October," one trader said. "This could involve several hundred thousand tons."


Indonesia has been raising purchases of Black Sea wheat in recent months as the Asian country’s import needs increase.


Some 250,000 tons was purchased earlier in July.



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