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Pioneering Black Sea Exports to India

Corn field landscape, polish field at summer

Black Sea origin wheat is becoming a tendency in India as many companies are exporting wheat from Ukraine, Russia and Bulgaria.
Scanwel Commodities S.A. is a pioneer in this movement by exporting the first vessel filled with Bulgarian origin soft milling wheat to India. MV Orient Lucky was loaded with 48 000 MT of soft milling wheat and sailed on the 20th of November 2016 to Tuticorin port. Prior to this vessel the company already had several others from Ukraine. The Black Sea origin is highly suitable for the Indian consumption because of the high production and quality levels.
Unfortunately, this trade tendency could not last long because after 21st of March 2017 the Indian authorities will require methyl-bromide fumigation, which is prohibited in Black Sea and European ports.
Scanwel Commodities S.A. expects to make use of this possibility window until 21st of March 2017, and load at least one more vessel to India. It is unknown how long the methyl-bromide fumigation requirements will hold in India, but it could be expected that at a certain point in time Black Sea might compete again in supplying Indian market with milling wheat.

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