HAMBURG: Bangladesh’s state grains buyer has issued another international tender to purchase 50,000 tonnes of milling wheat, traders said on Wednesday.
The deadline for submission of price offers is July 15, they said.
Bangladesh has issued a series of wheat and rice tenders in past months as strong import demand from the country continues. A previous tender from Bangladesh for 50,000 tonnes of wheat closed on June 16.
Bangladesh imports around 6 million tonnes of wheat annually, making it one of the world’s biggest grain importers. The country is importing rice and wheat to shore up its depleted reserves after repeated floods last year damaged its crops, sending local prices to record highs.
Price offers in the new tender are sought on CIF liner out terms. These terms include ship unloading costs for the seller.
Shipment is sought 40 days after the date of contract signing. The wheat can be sourced from worldwide origins and is sought for shipment to two ports, Chattogram and Mongla.
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