Pakistan gets offers in 200,000 tons sugar tender, traders say

A laborer unloads sacks of sugar from a supply truck at the main wholesale market in Karachi on February 19, 2012. (REUTERS/File)
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Updated 21 August 2025
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Pakistan gets offers in 200,000 tons sugar tender, traders say

  • Lowest offer in tender quoted at $560 per ton c&f, with bids still under review
  • Pakistan plans to import 500,000 tons overall after retail sugar prices surged sharply

HAMBURG: The lowest price offered in an international tender from Pakistan to buy 200,000 metric tons of sugar on Thursday was believed to be $560 a metric ton cost and freight included (c&f), European traders said in initial assessments.

Offers in the tender from the state trading agency Trading Corporation of Pakistan are still being considered and no purchase has yet been reported, they said.

The TCP can negotiate for several days in tenders before deciding whether to purchase.

The lowest offer was said to have been submitted by trading house Bare for small grade sugar. Bare also offered $580 for medium grade sugar, with a total 187,000 tons offered.

Three tender participants all offered 25,000 tons of small grade sugar: Sucden at $579, Dreyfus at $581.50 and Cofco at $592 all per ton c&f.

ED&F Man offered 32,000 tons of small grade at $579 a ton c&f and also 27,400 tons of small grade at $569 a ton c&f.

Al Khaleej Sugar was believed to have offered 60,000 tons of small grade at $572.30 and 30,000 tons of medium grade at $582.30 a ton c&f.

The TCP’s tender seeks price offers for fine, small and medium grade sugar, all for arrival in Pakistan by October 31.

Pakistan’s government has approved plans to import 500,000 tons of sugar to help to maintain price stability after retail sugar prices in the country rose sharply.

The TCP bought a total of 105,000 tons in its previous sugar tender reported on August 14.

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later. 


Pakistan offers Kyrgyzstan Arabian Sea access as two states sign 15 cooperation accords

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Pakistan offers Kyrgyzstan Arabian Sea access as two states sign 15 cooperation accords

  • Pakistan and Kyrgyzstan sign MOUs spanning trade, energy, agriculture, ports, education, security cooperation
  • Kyrgyz president is on first visit to Pakistan in 20 years as both sides push connectivity and CASA-1000 power links

ISLAMABAD: Pakistan on Thursday offered Kyrgyzstan the shortest and most economical route to the Arabian Sea as the two countries signed 15 agreements and memoranda of understanding aimed at boosting cooperation across trade, energy, agriculture, education, customs data-sharing and port logistics.

The accords were signed during a visit to Islamabad by President Sadyr Zhaparov, the first by a Kyrgyz head of state to Pakistan in two decades, and part of Islamabad’s renewed push to link South Asia with landlocked Central Asian economies through ports, power corridors and transport routes.

For Pakistan, Kyrgyzstan offers access to hydropower through CASA-1000, a $1.2 billion regional electricity transmission project designed to carry surplus summer electricity from Kyrgyzstan and Tajikistan through Afghanistan into Pakistan. For Bishkek, Pakistan provides overland access to warm-water ports on the Arabian Sea, creating a shorter commercial route to global markets.

“President Asif Ali Zardari has reiterated Pakistan’s readiness to offer Kyrgyzstan the shortest and most economical route to the Arabian Sea,” Radio Pakistan reported after Zhaparov met the Pakistani president. 

The two leaders also discussed expanding direct flights to deepen business, tourism and people-to-people ties.

Zardari welcomed Kyrgyzstan’s completion of its segment of the CASA-1000 project and “reaffirmed Pakistan’s commitment to completing its part of the project, which is now at an advanced stage,” the state broadcaster said. 

Zhaparov thanked Islamabad for supporting Bishkek’s candidacy for a non-permanent UN Security Council seat and invited Zardari to visit Kyrgyzstan at a time of his convenience. Both sides expressed satisfaction with progress under the Quadrilateral Traffic in Transit Agreement, designed to facilitate road movement between Pakistan, Kyrgyzstan, Kazakhstan and China.

Earlier, both governments exchanged 15 sectoral cooperation documents covering commerce, mining, geosciences, power, agriculture, youth programs, the exchange of convicted persons, customs electronic data systems and a sister-city linkage between Islamabad and Bishkek.

According to APP, the MOUs were signed by ministers representing foreign affairs, commerce, economy, energy, power, railways, interior, culture, health and tourism. Agreements also covered cooperation between Pakistan’s Foreign Service Academy and the Diplomatic Academy of Kyrgyzstan, as well as collaboration between universities, youth ministries and cultural institutions.

“Our present mutual trade, comprising of about $15–16 million will be enhanced to $200 million in the next two years,” Prime Minister Shehbaz Sharif said after the agreements were signed, calling them “a framework for structured, result-oriented engagement and closer institutional linkages.”

Sharif said Pakistan was ready to serve as a maritime outlet for the landlocked Central Asian republic, offering access to Karachi, Port Qasim and Gwadar to help Kyrgyz goods reach regional and global markets.