State-owned MMTC has invited bids for import of 2,000 tons of onion from countries such as Pakistan, Egypt, China and Afghanistan, to improve domestic supply and check prices. This is the first tender MMTC has floated this year. The government has decided to import onions as retail prices have shot up in most parts of the country due to shortages.
Outlookindia.com reports that according to MMTC, bids have been invited for import of 2,000 tons of onion from Pakistan, Egypt, China, Afghanistan or any other origin. Bids should be submitted before September 24 and will remain valid till October 10. The shipments should reach by the last week of November.
Bidders should quote in US dollar separately for each origin. Bid should be made for a minimum quantity of 500 tons. In case of inland container depot, minimum bid quantity will be 250 tons.
The exact supply order will be regulated in units of 250 tons depending upon the requirement. Quantity can be increased or decreased depending on the prices received in the tender.
