Agriculture
- 53,000 Tons Of Imported Urea To Arrive Today
Friday, 26 July 2013 A urea consignment of 53,000 tons, imported by Trading Corporation of Pakistan (TCP), will arrive here on Friday (today). In June this year, TCP had finalised a urea import deal with M/s Trammo for the import of 50,000 tons at $337.17...
- Tcp Postpones Urea Tender
July 18, 2013 RIZWAN BHATTI The Trading Corporation of Pakistan (TCP) on Wednesday postponed opening of urea import tender as the Transparency International Pakistan has accused it of violating Public Procurement Rules 2004. According to Public Procure-ment...
- Import Of Urea: Approval By Ecc Turns Out To Be Mega Scandal
July 18, 2013 MUSHTAQ GHUMMAN The import of 0.3 million tons of urea recently approved by the Economic Co-ordination Committee (ECC) of the Cabinet has reportedly turned out to be a mega scandal as two ministries are challenging each other''s...
- 53,000 Tons Of Urea To Arrive
July 03, 2013 A ship carrying 53,000 tons of urea, imported by Trading Corporation of Pakistan (TCP) from international market, reaching Pakistan in the third week of this month. In January this year, the Economic Co-ordination Committee (ECC) of the...
- Pakistan And Tajikistan Sugar Trade
Tajikistan has set new conditions for the import of sugar from Pakistan and now it is seeking a price of $20 less than international market instead of already agreed price. For last eight months, Pakistan and Tajikistan are negotiating to mature a sugar...
Agriculture
58 mills agree to sell sugar to TCP
July 19, 2013
Some 58 sugar mills have expressed willingness to sell the commodity to the Trading Corporation of Pakistan (TCP). Following the directives of federal government, on July 3, 2013, TCP floated a tender for purchase of 50,000 tons of sugar from local mills as they are facing some financial issues following slow sales in the domestic market. 
Accordingly, the tender was opened on Thursday and as many as 58 parties shown interest in selling sugar to government owned grain trader. As per the tender terms and conditions, the bidders were required to quote bids for a minimum quantity of 2,000 tons and maximum 5,000 tons.
All 58 mills have offered bids for different quantities and rates ranging from Rs 48,150 to Rs 60,000 per ton. However, so far no bid is accepted as the evaluation process of received bids is under process, after which, the price evaluation committee/tender award committee will review the quoted prices and finalise the deal. Sources said the received bids are valid for 15 working days and it''s enough for TCP to finalise the sugar procurement with suitable bidder.
The Economic Co-ordination Committee (ECC) of the Cabinet has already allowed TCP to apply price matching formula on sugar procurement tender, therefore it is likely that the price evaluation committee will offer other bidders to match the lowest price. Sources said overall TCP will procure some 100,000 tons of sugar from domestic mills and the second tender for the purchase of 50,000 tons of sugar from domestic mills has also been issued with opening date of August 2, 2013.
Source: Business Recorder Accordingly, the tender was opened on Thursday and as many as 58 parties shown interest in selling sugar to government owned grain trader. As per the tender terms and conditions, the bidders were required to quote bids for a minimum quantity of 2,000 tons and maximum 5,000 tons.
All 58 mills have offered bids for different quantities and rates ranging from Rs 48,150 to Rs 60,000 per ton. However, so far no bid is accepted as the evaluation process of received bids is under process, after which, the price evaluation committee/tender award committee will review the quoted prices and finalise the deal. Sources said the received bids are valid for 15 working days and it''s enough for TCP to finalise the sugar procurement with suitable bidder.
The Economic Co-ordination Committee (ECC) of the Cabinet has already allowed TCP to apply price matching formula on sugar procurement tender, therefore it is likely that the price evaluation committee will offer other bidders to match the lowest price. Sources said overall TCP will procure some 100,000 tons of sugar from domestic mills and the second tender for the purchase of 50,000 tons of sugar from domestic mills has also been issued with opening date of August 2, 2013.
- 53,000 Tons Of Imported Urea To Arrive Today
Friday, 26 July 2013 A urea consignment of 53,000 tons, imported by Trading Corporation of Pakistan (TCP), will arrive here on Friday (today). In June this year, TCP had finalised a urea import deal with M/s Trammo for the import of 50,000 tons at $337.17...
- Tcp Postpones Urea Tender
July 18, 2013 RIZWAN BHATTI The Trading Corporation of Pakistan (TCP) on Wednesday postponed opening of urea import tender as the Transparency International Pakistan has accused it of violating Public Procurement Rules 2004. According to Public Procure-ment...
- Import Of Urea: Approval By Ecc Turns Out To Be Mega Scandal
July 18, 2013 MUSHTAQ GHUMMAN The import of 0.3 million tons of urea recently approved by the Economic Co-ordination Committee (ECC) of the Cabinet has reportedly turned out to be a mega scandal as two ministries are challenging each other''s...
- 53,000 Tons Of Urea To Arrive
July 03, 2013 A ship carrying 53,000 tons of urea, imported by Trading Corporation of Pakistan (TCP) from international market, reaching Pakistan in the third week of this month. In January this year, the Economic Co-ordination Committee (ECC) of the...
- Pakistan And Tajikistan Sugar Trade
Tajikistan has set new conditions for the import of sugar from Pakistan and now it is seeking a price of $20 less than international market instead of already agreed price. For last eight months, Pakistan and Tajikistan are negotiating to mature a sugar...