India seen importing 800000 tonnes of wheat in Sept-Oct.

About 800,000 tonnes of wheat from the Black Sea region is expected to arrive in India over September and October as millers boost reserves in expectation of tight domestic supplies. The country is likely to receive 247,000 tonnes of wheat in September, the highest monthly arrival since February, with five vessels scheduled to arrive from Ukraine. October arrivals are expected to surpass half a million tonnes, said the two traders. Wheat cargoes which will be arriving this month will be used for consumption in November and December. There is talk that supplies will be tight at the end of the year and prices will go up. Most deals for the Black Sea wheat have been signed between $200 and $210 a tonne, including cost and freight (C&F). After taking into account 10-per cent import duty, the price is similar to quotes for the new-crop local wheat.