Friday, January 25, 2013

Dubai importers bought Indian wheat in tender

Dubai importers bought Indian wheat in tender
Dubai-based Transcom DMCC Company bought 50 thousand tons of mechanically cleaned wheat.
Wheat have origin India and purchased from company State Trading Corp with price rate at  $ 323.5 / t on FOB basis and will be assigned to 5 March.
Tool cleaned wheat contains 1% foreign matter and damaged grains 3%, which is lower than normal grain (2.75% and 6%, respectively)

 we can recall that Transcom DMCC  has concluded contract in end 2012 for wheat purshace dated 10.12.2012  for 50,000 MT (+/- 10%) at price  USD 328.05 FOB ST Kandla Port.Scheduled Date of Completion of Supplies 15.01.2013.

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