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2026-09-16 18:44:09
[Pakistan Wheat Tender Receives Bids, Lowest Price Around $349] ⑴ In Pakistan's tender to purchase and import 750,000 tons of wheat, which concluded on Wednesday, European traders initially assessed the lowest bid at approximately $349 per ton, including costs and freight. ⑵ This bid is believed to have been submitted by trader Agrocorp for approximately 55,000 tons. Pakistani government agencies are still reviewing the bids, and no purchase has been reported yet. ⑶ Traders indicated that a final decision is expected in the coming days, and the reports reflect their assessments; further estimates of price and quantity are still possible. ⑷ This tender comes at a time of difficulty for importers, with seaborne exports of cheap Russian and Ukrainian wheat from the Black Sea region almost halted due to the conflict, and supplies from alternative sources becoming more expensive. ⑸ The tightening supply situation coupled with rising costs of alternative sources has drawn market attention to the pricing and final transaction results of this Pakistani tender. Whether subsequent purchases can proceed smoothly will impact regional wheat trade flows.
