Latest news with #Trading Corporation of Pakistan
Arab News
31-07-2025
- Business
- Arab News
Pakistan gets offers in 100,000 metric tons white sugar tender, traders say
HAMBURG: The lowest price offered in the international tender to buy 100,000 metric tons of white refined sugar from Pakistan on Thursday was believed to be $539.00 a metric ton cost and freight included, European traders said in initial assessments. Offers in the tender from the state trading agency Trading Corporation of Pakistan (TCP) are still being considered and no purchase has yet been reported, they said. The TCP can negotiate for some time in tenders before deciding whether to purchase. Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.
Arab News
11-07-2025
- Business
- Arab News
Pakistan tenders to buy 300,000 to 500,000 metric tons of sugar
HAMBURG: Pakistan's state agency, the Trading Corporation of Pakistan (TCP), has issued an international tender to purchase and import 300,000 to 500,000 metric tons of white refined sugar, European traders said on Friday. The deadline for submission of price offers is July 18. On July 8, Pakistan's government had approved plans to import 500,000 tons of sugar to help maintain price stability. Market analysts said that retail sugar prices in the country have risen sharply since January. The sugar is sought from worldwide origins, packed in bags with a minimum offer of 25,000 tons permitted. The TCP reserves the right to purchase more or less than the tender volumes, traders said. Shipment is sought in a series of consignments loading in August. The entire volume purchased must arrive in Pakistan by September 30.
