ISLAMABAD: The federal government on Thursday opened the tenders for the import of 500,000 metric tonnes of wheat to meet the local shortage.
According to details, the lowest bid for wheat import was $373 per metric ton. The government received a total of nine bids. One bid was dismissed due to technical errors. The Trading Corporation Pakistan (TCP) received cheaper bids compared to the last time. The lowest bid received in the tender was $373 pet mt while the second-lowest bid was $384.40 mt.
Traders said Aston submitted an offer of 120,000 tonnes at $373.00 c&f, CHS 125,000 tonnes at $384.40, Solaris 120,000 tonnes at $384.91, Falconbridge 120,000 tonnes at $387.79, Cargill 120,000 tonnes at $393.00, Ameropa 110,000 tonnes at $394.00, Agrocorp 110,000 tonnes at $397.38 and Bunge 110,000 tonnes at $414.15. –Agencies
