TCP receives 12 bids against second wheat import tender

Business Recorder reported that the Trading Corporation of Pakistan received 13 offers for its second wheat import tender, of which 12 were judged responsive. The tender seeks 185,000 metric tonnes, and the bids range from USD 339.36 to USD 354.83 per tonne. Bunge SA submitted the lowest evaluated bid, at USD 339.36 per tonne for Karachi and USD 340.36 for Gwadar.

The lowest offer sits USD 9.47 below the rate achieved in the earlier round, when the state-run grain trader bought about 365,000 metric tonnes at USD 348.83 per tonne. That first tender opened on September 21, 2026, and formed part of a requirement of 550,000 metric tonnes. Shipments under it are due between October 11 and October 31, with arrival in Pakistan expected by November 20, 2026.

TCP is still evaluating the bids, which relate to a second tender opened on September 28, 2026, to cover the remaining provincial demand. Bidders were asked to quote for a minimum of 50,000 metric tonnes, and Mercury M.E. DMCC was excluded for insufficient export experience. The final price and supply timing will depend on the outcome of this evaluation.