Indian buyers purchased around 25,000 tonnes Australian wheat

Reuters

Indian importers in past days purchased around 25,000 tonnes of Australian-origin wheat as India increases its wheat imports after a reduction in the country's import duties, European traders said on Monday.

It was for December shipment and was purchased at around $210 a tonne c&f, they said.

India's wheat imports in the year to June 2017 have risen above 1 million tonnes with mills especially stepping up purchases from Ukraine after a poor harvest in India.

Further increases in Indian imports are expected after the government lowered the wheat import tax to 10 percent from 25 percent on Friday.