Philippine feedmillers have bought 44,000 tonnes of Chinese wheat for arrival next year, traders said on Friday, taking the total purchases from the same origin to 79,000 tonnes in the past week.
Industry officials added they would still need to import 100,000 tonnes of yellow corn for use as animal feed.
"Wheat cannot totally replace corn. We have not dropped our appeal to the government to allow us to buy corn at zero duty," an official from the Philippine Association of Feed Millers Inc told Reuters.
This month, the association asked the government to allow it to import 100,000 tonnes of yellow corn at zero duty to cover for poor harvests that have pushed up local prices.
The government has yet to approve the request. On Friday, trade sources said feedmillers bought 44,000 tonnes of Chinese wheat at $143.50 per tonne, including cost and freight, for February arrival.
The sources, which declined to be identified, said the feedmillers bought the wheat from trading firm Scuffled International at a tender late on Thursday.
The deal was the second closed by Philippine feedmillers in a week.
Last on Friday, they bought 35,000 tonnes of Chinese wheat at $134 per tonne C&F for January arrival.
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