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 KARACHI: Trading Corporation of Pakistan (TCP) has floated an international tender for the import of 100,000 metric tons of urea to meet local demand for Kharif-2012.

According to TCP here Wednesday, the tender will be opened on July 27, 2012 at its head office in the presence of bidders or their representatives.

The bids have been invited from the pre-qualified foreign suppliers (exporters) with TCP for supply of urea (in bulk) through world wide sources on C&F basis subject to the terms and conditions specified in tender documents.

Bids for less than 50,000 metric tons (minimum quantity) will not be accepted and the total quantity of urea must reach the designated port in Pakistan in accordance with the shipment schedule given in the tender document.

It may be noted that TCP had awarded contract for import of 100,000 metric tons (MTs) of urea at $ 411.77 per MT C&F, to the lowest bidder M/s. Transammonia A.G. Switzerland on Tuesday.

The tender was floated on 21-05-2012 and opened on June 25, 2012. According to TCP here Tuesday, 15 bidders participated in the tender and quoted prices ranging from $ 411.77 to $ 488.00 PMT (C&F).

Copyright APP (Associated Press of Pakistan), 2012

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