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LONDON, September 13 (Itar-Tass) —— Libya has acquired 50,000 tonnes of Russian milling wheat, and grain purchases will grow within months, Reuters said on Tuesday.
Michaela Eikel, general manager with Hamburg-based trading company Alphamate Commodity, said it had sold 50,000 tonnes of Russian milling wheat to Libya in July-August with a further two cargoes on the way, Reuters said.
"We are loading in Russia at Novorossiisk 25,000 tonnes of very good quality of Russian milling wheat for Benghazi, which is due to arrive around Sept. 20. The next one will be loaded for Benghazi on Sept. 20-25 also 25,000 tonnes of milling wheat," she told Reuters.
“The Libyans are taking Russian wheat because it is at least $20 per tonne cheaper than French wheat and the quality is very good [in terms of] the protein and gluten percentage," she said.
In her words, Libya would need at least another 500,000 tonnes of wheat in the next two to three months for October, November, December delivery.
The Libyans are taking Russian wheat because it is at least $20 per tonne cheaper than French wheat