In the second half of August it is planned that the Panamax bulk carrier with carrying capacity of 55-60 thousand tons of delivered wheat from Romania in the French port of Dunkirk. According to some traders, in the near future France may import a few batches of Romanian wheat.

France is the largest exporter of wheat among the countries of the European Union, therefore, usually buys a small amount of imported wheat from Romania, the import of grain for the entire 2014/15 season has not exceeded 17.5 million tons. In addition, usually France rarely buys shiploads of wheat early in the season.

According to experts, the purchase of Romanian wheat has occurred after the value of the futures contract for wheat on the Euronext stock exchange reached a six-month high in response to the deterioration of forecasts of the new harvest. But then on the exchange has reduced prices.

About the quality and purpose of use of the procured wheat is still unknown.

Romania, a major exporter of wheat, usually actively competes with France in export markets. However, the long period of rains and lack of sunlight has reduced the volume and quality of the French crop, which, analysts say, will further lead to a decline in exports of French wheat this season, especially flour.

Last week appeared information about the possible purchase of Russian wheat French cooperative Téréos with delivery in the port of Rouen. However, the transaction raises doubts among traders due to import duties, which will lower the current price advantage of Russian wheat.duty