Pakistan Receives $339 Per Tonne Wheat Import Offer
The Trading Corporation of Pakistan has received an offer of about $339.36 per tonne for part of its tender to … Read More The post Pakistan Receives $339 Per Tonne Wheat Import Offer appeared first on ProPakistani .
Pakistan's Trading Corporation has been offered $339.36 per tonne for a portion of its wheat import tender, according to early assessments by European traders. The offer, reportedly from trading firm Bunge for 60,000 tonnes, is the lowest price identified in the tender, which concluded on Monday. The price encompasses shipping costs.
The state agency, Trading Corporation of Pakistan (TCP), is still reviewing the offers and has not committed to a purchase. Industry observers anticipate TCP will decide on the tender within days. The tender emerges as wheat importers encounter tighter and pricier supplies due to the disruption of cheaper Russian and Ukrainian wheat exports from the Black Sea.
While alternative wheat sources are available, they are presently more costly, exerting pressure on import expenses. The reported prices and quantities are preliminary trader evaluations and may fluctuate as additional estimates become available.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
