HAMBURG: The state-run Trading Corporation of Pakistan (TCP) has issued a new international tender to purchase 50,000 tonnes of white sugar, European traders said on Wednesday.

The deadline for submission of price offers is April 14.

The government of Pakistan last year approved sugar imports to meet a shortage and cool prices after production fell below consumption levels. A series of import tenders have been issued by the TCP in recent months.The TCP’s new tender seeks white sugar from worldwide origins packed in bags.

Rapid shipment is sought, starting within 25 days plus voyage time for initial volumes followed by phased deliveries.

Published in Dawn, April 8th, 2021