AWB sells 45,000 tn wheat to southern mills

Roller mills in south India have contracted import of 45,000 tonne wheat from Australia’s AWB at $229 a tonne, a Chennai-based dealer said.

He said of the total order, 27,500 tonne would be delivered at Tuticorin port in November and the rest at the Chennai port in December. The millers are negotiating another deal with AWB for about 45,000-50,000 tonne at $231.50 a tonne.

The deal, however, is yet to be finalised.

A Bangalore-based miller said AWB wheat would cost a little over Rs 12,000 a tonne at mill gate after adding 5.1 per cent duty, clearing and gunny charges, phytosanitary clearance and inland transportation charges.

Source: Business Stnadard