The lowest price offered in a Pakistan tender to purchase 400,000 tonnes of wheat, was believed to be $355.99 a tonne c&f.
The tender closed this morning.
Particularly, offers were submitted in the tender in dollars per tonne c&f by four trading houses:
Falconbridge offered, 110,000 tonnes at $355.99 per tonne;
Solaris, 110,000 tonnes at $362.50;
Avere, 100,000 tonnes at $370.70;
Olam, 120,000 tonnes at $379.58.
Shipment in the tender is sought between Sept. 15 and Oct. 31.
The wheat can be sourced from optional origins.
The state agency Trading Corporation of Pakistan (TCP) is still considering the offers and no purchase has been reported.
A decision on the purchase is expected later this week.
