DHAKA: Bangladesh's state grains buyer received the lowest offer of $284.05 a tonne C&F liner out in an international tender on Tuesday to purchase and import 50,000 tonnes of wheat, traders said.
The wheat offered was expected to be sourced from Russia.
No purchase has yet been made and the offers are still being considered.
The lowest offer was submitted by trading house Aston.
Two other offers were submitted in the tender. Trading house Agrocorp offered $291.38 a tonne C&F liner out for Russian wheat and Swiss Singapore Overseas offered $289.14 a tonne C&F liner out.
The price includes shipping, insurance and ship unloading costs. All the offers were for 50,000 tonnes.
Milling wheat with 12.5 percent protein content was sought for shipment 40 days after contract signing, traders said. The tender had sought wheat from any worldwide country apart from Israel.
Bangladesh made no purchase in its last reported wheat tender in October because of high prices.
Bangladesh has turned to the Black Sea region for wheat in recent months because supply from India has dwindled as Indian grain is needed to meet growing domestic demand.
Bangladesh emerged as a major buyer of rice and wheat in 2017 after floods damaged crops, sending rice prices to record highs and prompting many people to switch to wheat flour.
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