HAMBURG- Iranian state agency the Government Trading Corporation (GTC) is believed to have purchased around 180,000 tonnes to 240,000 tonnes of milling wheat in the past two weeks as strong import demand from the country continued, European traders said on Tuesday.
The wheat was said to have been purchased from Russia at prices at around $300 to $305 a tonne FOB.
It was believed to have been bought in three to four consignments of around 60,000 tonnes each for shipment in October.
(Reporting by Michael Hogan) ((michael.j.hogan@thomsonreuters.com; +49 172 671 36 54; Reuters Messaging: michael.hogan.thomsonreuters.com@reuters.net))
