Pakistani Wheat Sold for Export Under State Incentive Program

January 31, 2018

© Andrey Sarymsakov / Adobe Stock
© Andrey Sarymsakov / Adobe Stock

Wheat from Pakistan wheat has been sold to overseas buyers after the country started a new state export incentive program, European traders said on Wednesday.

Around four shipments of Pakistani wheat have been sold with two shipments said to be going to Kenya, they said.

About 200,000 tonnes may have been.

Prices of sales are between $188 to $190 a tonne fob Pakistani ports.

Shipments are expected to start in mid February.


Reporting by Michael Hogan

 

Logistics News

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Subscribe for Maritime Logistics Professional E‑News

Ukraine claims it has hit Russia's Sheskharis Oil Terminal on Black Sea
Sources say that the Brazil Development Bank BNDES has sold its stakes in Axia Energia and Petrobras.
Rubio: US will find "another way" if Iran negotiations fail