Corn CFR ports of IRAN in July 2020

Delivery of yellow corn to ports of Iran in July 2020 (Bandar-Anzali, Bandar Abbas, Bandar Amirabad, Nowshahr and other)....

RUSSIA - League of Arab States informs its customers about change in prices from July 01, 2020 of yellow corn on terms CFR ports of IRAN with the following characteristics:

Indicators of yellow corn:

- test weight - 600 - 650 g/l

- protein – 7-8% min

- impurity – 2% max

- moisture – 13% max

- grain admixture – 10% max

- gmo free, ambrosia free

Crop: 2019

Selling prices for yellow corn in bulk CFR Bandar-Anzali, Iran = $ 245 / MT

Prices of yellow corn in bulk DAP Astara, Iran = $ 245 / MT

The selling prices of yellow corn in bulk CFR Bandar Amirabad, Iran = 245 USD / MT

Prices of food wheat #3 in bulk on terms CFR port of Bandar Taheri, IRAN = $ 212 / MT*

Selling prices of food wheat #3 in bulk CFR port of Bandar Mahshahr, IRAN = $ 210 / MT*

Prices of food wheat #3 in bulk on terms CFR port of Bandar Abbas, IRAN = $ 200 / MT*

Packaging: in bulk

Minimum order (SPOT contract): 25,000 MT (for southern ports) and 3,200 MT (for northern ports).

*Contract (6 month): 330,000 MT

Payments terms: L/C at sight (only from TOP-10 bank world)

Prices are valid from June 07, 2020.