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STC to sell 45,000 tonnes of imported pulses

STC to sell 45,000 tonnes of imported pulses
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First Published: Mon, Nov 24 2008. 11 39 AM IST
Updated: Mon, Nov 24 2008. 11 39 AM IST
By PTI
New Delhi: State-owned trading firm STC plans to sell about 45,000 tonnes of imported pulses in the domestic market in the next month.
State Trading Corporation (STC) has floated a tender inviting bids from local traders for the sale of about 30,000 tonnes of yellow peas, 10,000 tonnes of black matpe whole (urad), and 5,000 tonnes of lemon tur.
The bids would close at 1500 hrs on 28November and the final decision on the tender would be taken by 10December, the company said on its website.
Pulses have been sourced from Myanmar and Canada, grown in 2008 crop season. Currently, pulses are lying at CWC warehouses in Mumbai, it said.
According to the tender, the bidder should quote for the minimum quantity of 500 tonnes. Pulses are packed in 50 kg lots except for yellow peas, it said, adding that the successful bidder should organise his own transport for lifting the cargo from warehouse.
The government has so far purchased 3.52 lakh tonnes of pulses from the global market through public sector agencies MMTC, STC, PEC and cooperative major Nafed.
It plans to import 15 lakh tonnes to meet the domestic demand during this financial year. India imports pulses as output is lower than the demand. The country is estimated to have produced 151 lakh tonnes of pulses in the 2007-08 crop year, while the domestic demand is around 170-180 lakh tonnes.
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First Published: Mon, Nov 24 2008. 11 39 AM IST