Pakistan’s latest wheat import tender closed on Monday. Bunge came in with the lowest offer, at $339.36 a ton, cost and freight included, for around 60,000 tons, European traders said.
The tender covers 185,000 metric tons of wheat in total. The state-run Trading Corporation of Pakistan (TCP) is still going through the offers. Traders say a decision could come within days. No purchase has been confirmed so far.
Who Else Bid, and at What Price
Twelve trading houses took part. Offers ranged from Bunge’s $339.36 a ton to Aston’s $354.83 a ton, based on trader estimates.
| Company | Price ($/ton, c&f) | Tons Offered |
|---|---|---|
| Bunge | 339.36 | 60,000 |
| Olam | 341.88 | 60,000 |
| Ameropa | 343.47 | 60,000 |
| Agrocorp | 343.74 | 60,000 |
| CHS | 345.00 | 60,000 |
| Mera | 346.19 | 60,000 |
| LDC | 346.50 | 120,000 |
| Falconbridge | 347.49 | 60,000 |
| Al Ghurair | 349.00 | 60,000 |
| Saif | 350.53 | 60,000 |
| Soufflet | 354.82 | 60,000 |
| Aston | 354.83 | 60,000 |
These are trader estimates, not official TCP figures. The final price could change once TCP completes its review.
Slightly Cheaper Than Pakistan’s Last Wheat Deal
This isn’t Pakistan’s first wheat purchase this month. Earlier in September, TCP bought 365,000 tons at $348.83 a ton, under a larger tender for up to 750,000 tons.
Bunge’s latest offer is about $9.47 lower than that price, a drop of roughly 2.7%. The current 185,000-ton tender continues that same 750,000-ton import plan.
