Traders have stepped up purchase of Ukrainian wheat
International traders acquired approximately 400 thousand tons of wheat of Ukrainian origin for further implementation of the Indian broseman during October-November 2016. It happened once two weeks ago, the Indian government has reduced the rate of import duty on wheat from 25% to 10%.
the majority of deals concluded for the supply of wheat with protein content not less than 11,5% on the price 192-199 $/ton basis C&F.
India Plans to increase the volume of wheat imports and increased imports into the EU revived the domestic grain market and raised the purchasing prices for the wheat market.
Traders offer the following rates for the supply of SRT-port:
feed wheat – 138-140 $/ton or 4100-4200 UAH/ton.
- wheat class 2 – 149-150 $/ton or 4400-4500 UAH/ton,
- wheat class 3 – 146-148 $/ton or 4300-4450 UAH/ton,