STC floats bids for 2,000 tonne of pulses

Posted By: Religare
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STC floats bids for 2,000 tonne of pulses
In order to import about 2,000 tonnes of pulses for the sale in the local market, STC floated a tender for which the last date for submitting the bids is May 18, 2011.

The decision on who will be awarded the contract will be taken on the same day.

Moreover, the trading company has invited offers for the purchase of a total of 2,000 tonnes of urad from Myanmar and desi chick peas from Australia.

The consignment of urad is to be delivered at Chennai and Mumbai ports while the desi chick peas are to be delivered at the Mumbai port by May-June 2011.

STC, MMTC and other state-run trading agencies such as PEC import various types of pulses for the government in order to boost the local arrivals.

The State Trading Corporation of India Limited, together with its subsidiary, SCTL Limited, operates as an international trading house in India.

It exports various agricultural commodities, including wheat, cashew, coffee, rice, tea, tobacco and rubber, sugar, extractions, opium, HPS groundnut, spices, castor oil and seeds, and jute goods.

It also exports manufactured products, such as chemicals, drugs and medical disposables, engineering and construction materials, consumer products, textiles and garments, leatherware, processed foods, iron ore, and steel raw materials.

Read more about: stc, mmtc, bse, nse, commodities
Story first published: Monday, May 16, 2011, 12:40 [IST]
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