ISLAMABAD: The Trading Corporation of Pakistan (TCP) has received nine responsive bids for the import of 656,000 metric tonnes of wheat at prices ranging from $348.83 to $369.95 per tonne against a tender quantity of 750,000 tonnes for domestic consumption.
A total of 13 parties participated in the international tender floated by the state-run grain trader on September 8, 2026, following directives from the federal government. Of these, two bidders submitted regret letters, nine were found technically and financially responsive, while two bidders were declared non-responsive.
The first wheat import tender was opened at the TCP headquarters on Wednesday, with nine international wheat suppliers submitting bids for a cumulative quantity of 656,000 tonnes. The quantity offered is 94,000 tonnes below the tender requirement of 750,000 tonnes.
The lowest bid was submitted by M/s Agrocorp, which offered to supply 55,000 tonnes of wheat at $348.83 per tonne. The second-lowest bid was submitted by M/s LDC at $349.97 per tonne for 110,000 tonnes.
M/s Bung Global offered 116,000 tonnes at $356.86 per tonne, while M/s Falcon Bridge quoted $357.49 per tonne for 50,000 tonnes. M/s Soufflet offered to supply 110,000 tonnes at $357.70 per tonne.
Among the other bidders, M/s Aston quoted $360 per tonne for 50,000 tonnes, while M/s Ameropa offered 55,000 tonnes at $363.74 per tonne. M/s CHS submitted a bid of $364.50 per tonne for 55,000 tonnes.
The highest bid was submitted by M/s Olam, which offered 55,000 tonnes of wheat at $369.95 per tonne.
The TCP is currently evaluating the bids in accordance with the tender terms and conditions. The final quantity to be imported and the suppliers to be selected will depend on the outcome of the evaluation process.
Under the tender floated on September 8, the TCP had invited sealed bids from international wheat suppliers for the supply of 750,000 tonnes of wheat, with a plus or minus 10 percent MOLSO option, on a CFR (Cost and Freight) basis, in bulk, for delivery to Karachi or Gwadar port.
The wheat import plan has been initiated as domestic production is expected to fall short of local demand. The federal government decided to arrange imports following requests from the provinces, with the objective of maintaining adequate wheat availability in the domestic market and avoiding a potential shortage.
The tender terms required participating bidders to quote for a minimum quantity of 50,000 tonnes. The bids received therefore represent offers from international suppliers meeting the minimum quantity requirement, although their combined offer remains below the base tender quantity of 750,000 tonnes.
The price spread between the lowest and highest responsive bids is $21.12 per tonne, reflecting differences in the offers received from international suppliers for the commodity.
The TCP will proceed with detailed evaluation of the responsive bids before making a decision in line with the applicable tender terms and conditions.