In addition, another seven vessels of Ukrainian wheat (protein 11.5 per cent) in a total volume of 300 thousand tons is expected to arrive in India this month.
According to market participants, the Indian traders to contract Ukrainian products in the last few weeks, while the grain was bought at $210-$217 per ton C&F.
It should be noted that, as of the end of June, with the beginning of this year, India bought on external markets at around 5 million tonnes of wheat, which is the maximum rate for the country over the last 10 years.
In 2017/18 MG, according to traders, India's dependence on imports of the grain will be reduced, however about 2-3 million tonnes of wheat will have to buy on foreign markets, since the end of the year offer local grain production will be reduced considerably.
Photo: agroserver.ru
Translated by service "Yandex.Translation"
