Pakistan's TCP issues 50,000 tonnes sugar tender

KARACHI, Apr 27 (Reuters) State-run Trading Corporation of Pakistan (TCP) on Thursday issued a tender to buy 50,000 tonnes of refined sugar, with shipment due in June and bids to be submitted by 0630 GMT on May 6, a company spokesman said.

Only 18 pre-qualified foreign firms would be allowed to participate in the tender, and the winning bidder would have to make shipments within four weeks of the opening of a letter of credit.

Last week, TCP had issued another tender for the import of a similar quantity of sugar from worldwide sources. Bids for that tender are due by 0630 GMT on April 29.

REUTERS CS SND1200