NEW DELHI, Nov 26 (Reuters) - India's state-run trading
company PEC Ltd has received the highest bid at $324 per tonne
from global trading firm JK International for its wheat export
tender, trade sources said on Monday.
Last month, PEC floated a tender offering 100,000 tonnes for
shipments by Jan. 10 from government warehouses located on the
The highest bid for PEC's tender is slightly higher than a
similar tender of State Trading Corp. that offered the
grain for overseas sale on the west coast.
State-run trading firms such as PEC, STC and MMTC
have been floating export tenders to ship out wheat from
overflowing government warehouses.
(Reporting by Ratnajyoti Dutta; Editing by Anupama Dwivedi)