HAMBURG: Bangladesh's state grains buyer received the lowest price offer estimated at $335.00 a tonne CIF liner out in an international tender to purchase and import 50,000 tonnes of wheat which closed on Sunday, European traders said on Monday.

No purchase has yet been reported and the offers are still being considered, they said.

The lowest offer was believed to have been submitted by Indian trading house Soubhik Exports Limited.

Traders said that only two other offers were submitted in the tender, by Agrocorp at $362.29 a tonne CIF liner out and by Bagadiya Brothers Private Limited at $359.50 a tonne CIF liner out. Bangladesh has issued a series of wheat and rice tenders in the past months.