Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Russian Oil Freight Rates to India Remain High

Russian Oil Freight Rates to India Remain High

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

EU Wheat Falls Further As Market Awaits Black Sea Diplomacy

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Russia Ships More Than 10 Million Barrels of Crude to China Via Northern Sea Route

Baltic Index Hits Almost Five-Year High

Baltic Index Hits Almost Five-Year High

Subscribe for Maritime Logistics Professional E‑News

Jakarta airport suspends flight due to Ash from Anak Krakatau
Bild: German police investigate a new grid sabotage attack
Bild: German police report a new grid sabotage attack