ISLAMABAD, Nov 29: The state-run Trading Corporation of Pakistan has issued a tender to import 200,000 tons of wheat in bulk, an agency official said on Thursday.

Bids from foreign suppliers, both pre-qualified as well as non-pre-qualified, will be received by December 8 and opened the same day, the corporation said.

Pakistan in September announced plans to import 1 million tons of milling wheat to maintain buffer stocks amid rising domestic prices of wheat and wheat flour despite a bumper crop.

U.S. traders said this month Pakistan bought at least 150,000 tons of U.S. soft white wheat and 84,000 tons of Canadian wheat against a November tender of 300,000 tons.

Pakistan paid $511.75 per ton, cost and freight, for all 234,000 tons, the traders said.

There was talk that Louis Dreyfus Corp., which sold 50,000 tons, may have sold Pakistan an additional 50,000 tons of U.S. wheat, U.S. traders said last week.

The Trading Corporation has already bought about 100,000 tons of wheat against two separate tenders of 50,000 each issued in September and October, corporation officials said.

After achieving output of 23.3 million tons in the 2006-07 crop year, Pakistan has set a target of 24 million tons for the 2007-08 crop year.

Officials say the import of 1 million tons of wheat will help meet domestic requirements, estimated at 22 million tons a year, until the new crop starts arriving around March.—Reuters

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...