Return to News Categories

Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Iran's GTC to buy raw sugar â??via int'l tender

Mar 13, 2018 (TREND News Agency via COMTEX) --

Baku, Azerbaijan, March 13

By Gazenfer Hamidov - Trend:

The Government Trading Corporation of Iran (GTC), affiliated with the Agriculture Ministry, intends to purchase 60,000 tons of 10 percent M/L raw sugar â??through a single-stage international tender on CFR (cost and freight) basis.

All qualified companies and suppliers that want to place bids are invited to receive tender documents no later than March 19, 2018 from the Trades & Tenders Committee, â??located on the 4th Floor, GTC building No. 2 , No. 225, Fatemi Avenue, Tehran, Iran, along with an official letter of introduction.

The bid participants are required to submit their stamped and sealed envelopes containing their offers before April 17, 2018 (13:00 local time) to the Tender Secretariat, located on the 7th floorâ??.

Bid bond: â??â??â??327,487 â??â??â??euros (15,â??192â??.133 million rials), which may be deposited either by cash (in rials) or unconditional bank guarantee issued in euroâ??s by a renowned Iranian bank located in Tehranâ?? with three months validity and extendable for another three months.

The bid's envelope will be opened on April 17, 2018 at 15:00 in the presence of the bidder's representative in GTC's purchasing committee hall (9th floor, No 12, Jahad Square, Tehran, Iran).

Phone: +98-21-88957477

More information is available at

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 62.25
Nat Gas 2.696
Corn 382 6/8
Cotton #2 82.85
Gold 1313.9
Copper 3.1125
Euro 1.22920
USD Index 90.212
SP500 E-mini 2755.50
DJIA E-mini 24965