The Trading Corporation of Pakistan (TCP) is making arrangements for import of pulses etc, announced in a statement of the corporation issued here on Wednesday.
It maintained that after successfully ensuring continuous and sustained supply of sugar by ordering imports of 715,000 tonnes (so far) from world-wide sources on the basis of international competitive bidding, the TCP is now bracing to import lentils and pulses from worldwide sources for meeting yet another challenge in price stabilisation.
The statement further said the corporation had already invited applications from worldwide suppliers for pre-qualifying possible sources or suppliers. It said the sources in the TCP had confirmed that the TCP was pro-actively busy in making emergent arrangements for import of pluses etc. The imports would be contracted after inviting international bids as soon as the government gives a go ahead.
It also mentioned that in its recent tenders for sugar import, the TCP has entered global sugar market as an aggressive buyer and has not only ensured sustained supplies for meeting a crisis situation, but has also saved 2.3 million dollar through successful price negotiation.
Earlier, it has contracted 400,000 MT urea for the current years Kharif Crop. It saved two million dollar in that transaction by awarding contract at a rock bottom price of 275 dollar PMT. TCP is in an upbeat mood and is hoping to successfully meet its pulses import target too.
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