KARACHI: The Trading Corporation of Pakistan (TCP) has floated a second international tender to import 100,000 metric tons of white sugar, in a bid to meet local demand and stabilize market prices.
According to the official tender, the minimum bid for sugar import must be for 25,000 metric tons, with the product packed in brand-new 50kg bags.
The permitted import window is from August 21 to September 5, while all shipments must arrive by September 30, 2025.
As per TCP’s terms, importers may either opt for two separate shipments of 25,000 metric tons each or a single shipment of 50,000 metric tons. Successful bidders are required to submit a 5 per cent performance guarantee by July 31.
The tender strictly prohibits imports from Israel and India. Furthermore, TCP has warned that any delay in shipment will result in a fine of $0.25 per metric ton per day.
TCP clarified that the responsibility for opening Letters of Credit (LCs) will lie with the corporation itself, relieving the bidders of that burden.
The tender also specifies that the quality of imported white sugar must meet the standards set by the Pakistan Standards and Quality Control Authority (PSQCA).
This step is part of the government’s wider efforts to keep sugar supplies steady and prevent market shortages.
