NEW DELHI, Feb 6 (Reuters) - India's state-run PEC Ltd
received the highest bid at $312 per tonne from an Australian
trading company in its latest wheat export tenders, trade
sources said on Wednesday, lower than the last known price
received by another company.
Last month, PEC floated two separate tenders offering a
total of 90,000 tonnes of milling wheat for shipments between
Feb. 11 to Mar. 10 from government warehouses located on the
Both tenders were won by the same firm with the same bid.
State-run trading firms such as PEC, State Trading Corp.
and MMTC, have been floating export tenders
to ship out wheat from overflowing government warehouses.
On Jan. 23, STC received the highest bid at $314 per tonne for
a similar wheat export tender that offered 40,000 tonnes on the
(Reporting by Ratnajyoti Dutta; Editing by Jo Winterbottom)