Demetra Trading exported wheat to Algeria for the first time, the cargo in the amount of 60,000 tons was shipped from Taman Grain Terminal Complex by two vessels. At the moment, the unloading has been completed in the ports of Algiers and Oran, and the cargo has been accepted by the buyer.
Russia resumed wheat exports to Algeria in June this year after a five-year break since December 2016. The country is one of the ten largest grain buyers in the world. In total, Algeria imports about 6 million tons of wheat, and it bought 113,000 tons of Russian wheat in the 2016/17 agricultural year.
Roman Kron, CEO of Demetra Trading, noted: 'Algeria has historically exported grain from France, Germany, Latvia, Lithuania and Argentina and it places high demands on the quality of supplies. The diversification of sales markets is part of our company's development strategy, we are working to expand trade and logistics partnerships with both domestic agricultural producers and end customers, and we are striving to provide reliable and high-quality services to our consumers.'
