Related Keywords: conduced four tenders, cotton bales, during last season, facing difficulties, offloading cotton procured, stabilise prices in domestic market, state run grain trader, to support farmers, Trading Corporation of Pakistan
Trading Corporation of Pakistan (TCP) the state-run grain trader is facing difficulties in offloading cotton, procured on the federal government directives during the last season to support the farmers and stabilise its prices in the domestic market. TCP has conducted four tenders for the sale of 95,400 cotton bales (Crop Year 2014-15), of which, two tenders have been scrapped by the state-run grain trader as bids were lower than the reserve price. Some 10,800 cotton bales have been sold through remaining two tenders.
