Pakistan seeks global buyers to re-export 108,000 tonnes of imported sugar without reserve price

Pakistan’s Trading Corporation (TCP) has reopened bidding to sell 108,000 tonnes of imported sugar to overseas buyers, this time without setting a minimum acceptable price. Profit by Pakistan Today reported that an earlier sale attempt at $660 per tonne drew no offers, and TCP now wants to clear the inventory before local production starts.

The available stock consists of 96,000 tonnes of fine-grain sugar and 11,086 tonnes of medium-grain sugar, with bids due by 11:00 am on November 13, 2026. Applicants can seek either grade or both, but must offer prices in US dollars per tonne and pay loading and transport costs. After acceptance, buyers will have 90 days to collect their allocation; payment must be arranged before TCP authorises delivery. The corporation can divide the award among bidders or reject all proposals.