| Date: |
28-09-2012 |
| Subject: |
India's PEC gets highest bid at $307.5/T in wheat export tender |
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(Reuters) - India's state-run PEC Ltd has received the highest bid at $307.5 per tonne from Concordia in its wheat export tender, trade sources said on Thursday.
The latest bid is lower than the $316.01 per tonne highest bid received in a similar export tender floated by the company earlier this month.
Last month, PEC floated a tender to export 30,000 tonnes of milling wheat from Karaikal port on the country's east coast, as part of the government's strategy to cut huge stocks at its warehouses.
Source : in.reuters.com
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