(Adds detail from paragraph three)
HAMBURG Jan 17 About 250,000 tonnes of German
wheat will be shipped to Iran in January, another sign of Iran's
large food purchases after a deal last year to relax Western
sanctions, European traders said on Friday.
"The shipments show that a large volume of the wheat Iran
bought in early December will be sourced in Germany," one trader
said. "The purchases were also larger than previously thought."
Traders said on Dec. 5 that Iran's state grains buyer GTC
purchased around 180,000 tonnes of wheat from the Baltic Sea
region in a food buying spree after the relaxation of sanctions.
Iran was never barred from buying food under western
sanctions imposed over the country's disputed nuclear programme,
but European Union and U.S. financial measures made trade
difficult for the past two years by hindering payments and
But the breakthrough deal between world powers and Iran in
November will halt Iran's most sensitive nuclear activity and
ease sanctions by the United States and the EU on some sectors
of Iran's economy for an initial six-month period.
At least four bulk carriers are scheduled to load wheat for
Iran in German ports in January, traders said.
"Iran was a leading customer for German wheat last season
with over 1 million tonnes sold and it looks like Germany will
take a large share of the new sales expected to take place this
season as sanctions are relaxed," a trader said. "I expect more
purchases by Iran of German wheat."
Iranian interests also purchased around 50,000 tonnes wheat
from Kazakhstan on Jan 10.
(Reporting by Michael Hogan, editing by William Hardy)