Pakistan intends to purchase 100,000 metric tons of sugar, according to traders' reports
Pakistan Issues New Tender for 100,000 Metric Tons of White Refined Sugar
The Trading Corporation of Pakistan (TCP) has issued a new international tender to purchase 100,000 metric tons of white refined sugar. This tender is part of ongoing efforts by the government to maintain price stability and control soaring domestic sugar prices.
Key details of the tender: - Deadline for price offers: August 11, 2025. - Quantity: 100,000 metric tons of white refined sugar, split into two separate shipments: 50,000 tons each. - Exclusions: Suppliers from India and Israel are excluded. - Sugar grades: Small/fine and medium grade sugar. - Packaging and shipment: Sugar to be packed in bags and shipped either via ocean shipping containers or breakbulk. - Shipment timelines: For breakbulk supplies, shipments are sought in two parts—50,000 tons from September 1-15 and another 50,000 tons from September 10-25. Container shipment can be made between September 1-20. - Arrival deadline: All shipments should arrive in Pakistan by October 20.
In the previous tender closing on July 31, three companies participated, but no purchase was made. An earlier 50,000-ton tender on July 22 received no offers due to short shipment notice.
The government approved plans on July 8 to import a total of 500,000 tons of sugar to help maintain price stability. Market analysis indicates retail sugar prices in Pakistan have risen sharply since January 2025.
The TCP had earlier been authorized to import sugar in a two-phase plan: first 200,000 tons and then 150,000 tons, totaling 350,000 tons, focused on premium coarse-grain sugar with strict quality controls. All duties and taxes on sugar imports were waived to alleviate inflationary pressures.
The new tender is a testament to the government's commitment to stabilizing the domestic sugar market and ensuring affordable prices for consumers. The process has seen limited participation so far, reflecting challenges related to shipment timing and pricing.
- The World Finance news today reveals that the Trading Corporation of Pakistan (TCP) has issued a new tender, not just for sugar, but also for white refined sugar, aiming to purchase 100,000 metric tons, a move to maintain stability in the domestic sugar market and provide affordable prices for consumers.
- In the business sector, the art of negotiation is crucial, as seen in the current TCP tender for white refined sugar, where the deadline for price offers is set for August 11, 2025, and the sugar grades specified are small/fine and medium.
- The international industry, however, is experiencing some challenges in the sugar trade, as seen in the limited participation in the recent TCP tender, potentially due to complexities in shipment timing and pricing, particularly with the exclusion of suppliers from India and Israel.
