The Trading Corporation of Pakistan (TCP) has issued a new tender for the import of 1,00,000 tons of sugar, despite objections from local sugar mill owners who claim domestic stocks are sufficient. The move aims to stabilize the domestic sugar supply and meet growing market demand, even as critics argue that imports may depress local […]
Trading Corporation of Pakistan (TCP)
TCP evaluates lowest bid for sugar import tender
The Trading Corporation of Pakistan (TCP) has received several offers in its latest international tender to purchase 100,000 metric tons of white sugar. The lowest bid was reportedly $534.75 per ton, cost and freight included. Traders revealed that the offers are still under review, and no purchase has yet been finalized. This tender is part […]
Pakistan issues new tender to import 100,000 tons sugar
The government has issued a fresh international tender to import 100,000 metric tons of white refined sugar in a bid to stabilize domestic market prices. According to the Trading Corporation of Pakistan (TCP), this new tender will open on August 11. The move comes after previous attempts faced setbacks due to high bid prices and […]
Pakistan issues tender to import 100,000 tons of sugar
Pakistan’s Trading Corporation of Pakistan (TCP) has issued a fresh international tender to purchase 100,000 metric tons of white refined sugar, according to European traders. The deadline for submission of price offers is July 31. This step comes as the government intensifies efforts to stabilize the domestic sugar market, which has seen sharp price increases […]
Govt slashes sugar import after IMF warning and political pressure
In a surprising policy shift, the government has reduced its planned sugar import from 300,000 metric tonnes to just 50,000 metric tonnes. This change comes amid strong opposition from domestic sugar millers and growing concerns from the International Monetary Fund (IMF) over violations tied to Pakistan’s $7 billion loan programme. The Trading Corporation of Pakistan […]