HAMBURG: The state-run Trading Corporation of Pakistan (TCP) is believed to have rejected offers and made no purchase in an international tender for 300,000 tonnes of wheat which closed this week, European traders said on Friday.
Only one trading company had presented offers in the tender from the TCP which closed on Monday.
Traders said the low participation was due to uncertainty about new tender terms, especially a condition compelling a second quality inspection on wheat unloading in Pakistan in addition to the quality inspection in the port of loading.
Published in Dawn, October 1st, 2022
