Saudi Arabia’s SAGO in a purchase tender on October 21, bought 566,000 MT of wheat (12.5% protein), which can be sourced from EU, North America, South America, Black Sea and Australia, at an average price of 384.75 $/mt c&f in 9 consignments for March-April shipment to the ports of Yanbu (191 TMT), Jeddah (195 TMT), Dammam (125 TMT) and Jizan (55 TMT):

  • Jeddah:
    • 65,000 MT from Cargill at 380.47 $/mt c&f (Mar 1-10, 2023)
    • 65,000 MT from Olam at 378.25 $/mt c&f (Mar 20-30, 2023)
    • 65,000 MT from Olam at 378.25 $/mt c&f (Apr 10-25, 2023)
  • Yanbu:
    • 63,000 MT from Holbud Limited at 386.69 $/mt c&f (Mar 1-10, 2023)
    • 65,000 MT from Cargill at 381.97 $/mt c&f (Mar 20-30, 2023)
    • 63,000 MT from Olam at 382.00 $/mt c&f (Apr 10-25, 2023)
  • Dammam:
    • 60,000 MT from LDC at 393.00 $/mt c&f (Mar 1-10, 2023)
    • 65,000 MT from Cargill at 391.47 $/mt c&f (Mar 20-30, 2023)
  • Jizan:
    • 55,000 MT from Cargill at 392.47 $/mt c&f (Apr 10-25, 2023)