MUMBAI, April 5 (Reuters) - Indian state-run trading company
MMTC Ltd has issued an international tender to export
50,000 tonnes of milling wheat, a company statement said on
The stocks will be available from government warehouses
located at Kakinada port on the east coast of the country. The
deadline for the tender is April 12 and the wheat is for
shipment between May 5 and June 5.
India is considering lowering the floor price for wheat
sales to private traders for export from state warehouses,
government sources said on Thursday, after State Trading
Corporation was forced to cancel a wheat export
State-run companies such as MMTC, STC and PEC have been
floating export tenders to ship out wheat from overflowing
government warehouses since July 2012.
(Reporting by Meenakshi Sharma; editing by Mayank Bhardwaj)