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08-Feb-2010
Bid of $723.20 per ton sugar import received
The Trading Corporation of Pakistan (TCP) has received the lowest bid of $723.20 per ton for 50,000 tons of white sugar against its first tender for 150,000 tons, but the accompanying bid bond has been established in the shape of a Standby Letter of Credit (SBLC) by Dubai Bank Kenya Ltd in Nairobi for $750,000.