Pakistan gets offers in tender to buy 100,000 tons of rice for supply to Bangladesh, traders say

HAMBURG: The lowest price offered in the tender from Pakistan’s state agency the Trading Corporation of Pakistan (TCP) to purchase 100,000 $394.95 CIF liner out, European traders said on.

CIF liner out terms include cost, insurance and freight shipping to a port in Bangladesh and also ship unloading costs for the seller.

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

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.