# Taiwan buys 91,300 tonnes wheat of US-origin - Markets - Business Recorder

> Taiwan's Flour Millers' Association bought an estimated 91,300 tonnes of U.S. milling wheat in a tender that closed September 23. The purchase included northern spring, hard red winter and soft white wheat for shipment from the Pacific Northwest in November and December. Prices ranged from about $239 to $281 a tonne FOB.

- Date: 2020-09-23 · published 2020-09-23T12:00:00.000Z
- Category: trade · region Taiwan · magnitude low
- Page: https://feedsoft.ai/events/51176-taiwan-buys-91-300-tonnes-wheat-of-us-origin-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

A sizable Asian purchase of U.S. wheat supports export demand from the Pacific Northwest and firms PNW basis values. It adds to evidence of strong export sales to Asia.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-08-30 | [Russian wheat export prices up - Markets - Business Recorder](https://feedsoft.ai/events/45619-russian-wheat-export-prices-up-markets-business-recorder.md) | +0.2% | +0.5% |
| WHEAT | 2021-02-03 | [Euronext front-month wheat futures higher - Markets - Business Recorder](https://feedsoft.ai/events/5827-euronext-front-month-wheat-futures-higher-markets-business-recorder.md) | +0.3% | +12.4% |
| WHEAT | 2025-09-30 | [Russian wheat export prices rise on import demand - Markets - Business Recorder](https://feedsoft.ai/events/22955-russian-wheat-export-prices-rise-on-import-demand-markets-business-recorder.md) | +0.4% | +5.9% |
| WHEAT | 2021-03-12 | [US white wheat growers cash in as China snaps up supplies - Markets - Business Recorder](https://feedsoft.ai/events/48160-us-white-wheat-growers-cash-in-as-china-snaps-up-supplies-markets-business.md) | -0.3% | +0.5% |
| WHEAT | 2022-06-30 | [EU wheat firm supported by Egypt tender, weaker euro - Markets - Business Recorder](https://feedsoft.ai/events/40979-eu-wheat-firm-supported-by-egypt-tender-weaker-euro-markets-business-recorder.md) | -8.7% | -16.4% |
| KWHEAT | 2018-02-21 | [Egypt's GASC Buys 120,000 Tonnes Wheat In Tender](https://feedsoft.ai/events/66400-egypt-s-gasc-buys-120-000-tonnes-wheat-in-tender.md) | +3.7% | -0.4% |
| KWHEAT | 2019-01-23 | [China may buy up to 7 million tons of U.S. wheat](https://feedsoft.ai/events/60962-china-may-buy-up-to-7-million-tons-of-u-s-wheat.md) | -1.9% | -11.7% |
| KWHEAT | 2020-03-20 | [CBOT wheat futures rise on reports of China buying US wheat](https://feedsoft.ai/events/6106-cbot-wheat-futures-rise-on-reports-of-china-buying-us-wheat.md) | +4.7% | +2.8% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40020710

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
