Wheat Import From Ukraine Is Likely To Continue Despite 25% Import Duty

08.08.2016

At import front situation seems turning in favour of south Indian millers despite 25% duty on import. Wheat from Black Sea region is being offered at $158 per tonne and with duty it is being landed at Cochin port at $220/22 per tonne.In INR term. It costs around Rs 1500 per qtl.

In July India imported 50910 tonne wheat in four consignments at an average CiF of $192 per tonne.Import is likely to continue as prices in domestic market rules higher.


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