KARACHI: The Trading Corporation of Pakistan (TCP) has received nine responsive bids, ranging from USD 348.83 to USD 369.95 per metric tonne, for the import of 656,000 metric tonnes of wheat against the tender quantity of 750,000 metric tonnes for domestic consumption.
Overall, some 13 parties participated in the tender. Out of which, two bidders submitted regret letters, nine were found technically and financially responsive and two were non-responsive.
Following the directives of the federal government, the state run grain trader on September 8, 2026 floated an international tender and invited sealed bids from the international wheat suppliers for supply of 750,000 metric tonnes wheat, plus or minus 10 percent MOLSO on a CFR (Cost and Freight) basis, in bulk, for delivery to Karachi or Gwadar port.
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As domestic wheat production is expected to fall short of demand, the federal government, following requests from the provinces, has planned to import around 750,000 metric tonnes of wheat to avert a potential shortage in the local market.
The first wheat import tender was opened on Wednesday at TCP head office and in response to the wheat import tender, some 9 (nine) international suppliers submitted bids ranging from USD 348.83 to USD 369.95 per metric tonne for a cumulative quantity of 656,000 metric tonnes, which the less than target of 750,000 metric tonnes.
Lowest bid was submitted by M/s Agrocorp for a supply of 55,000 metric tonnes of wheat at a price of USD 348.83 per metric tonne. Second lowest bid USD349.97 per metric tonne was submitted by M/s LDC for supply of 110,000 metric tonnes wheat. M/s Bung Global offered to supply 116,000 metric tonnes wheat at USD 356.86 per metric tonne, M/s Falcon Bridge submitted bid for 50,000 metric tonnes wheat at USD 357.49 per metric tonne and M/s Soufflet quoted USD 357.70 per metric tonne for supply of 110,000 metric tonnes.
In addition, M/s Aston offered some 50,000 metric tonnes wheat at USD 360 per metric tonne, M/s Ameropa submitted bid for 55,000 metric tonnes at USD 363.74 per metric and M/s CHS quoted USD 364.5 per metric tonnes for supply of 55,000 metric tonnes. The highest bid was received from M/s Olam, which agreed to supply 55,000 metric tonnes of commodity at USD 369.95 per metric tonnes.
Currently, the TCP is in process of bid evaluation. As per tender terms and conditions, the interested bidders were required to quote bids for a minimum quantity of 50,000 metric tonnes.
Copyright Business Recorder, 2026
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