| Manila to buy 586,554 T rice from Dec 15 tender |
|
MANILA, Dec 29 (Reuters) - The Philippines, the world's biggest rice importer, said on Tuesday it will buy 586,554.37 tonnes of rice from its last tender this year on Dec. 15, slightly less than the volume it sought to purchase due to high bids. Vietnam's Vinafood 2 secured the contract to bring in the 25 percent broken rice between March and June at $664.9 per tonne, National Food Authority (NFA) spokesman Rex Estoperez told Reuters in a phone interview. Manila's latest purchase brings to 1.82 million tonnes its total rice orders for 2010. The Southeast Asian nation is rushing to order imports of its staple before prices rise and to make up for lower local production of the grain after strong typhoons in September and October flattened crops.
Officials earlier said the government could top up this total contracted volume by 25 percent, which could raise its total imports to as much as 2.28 million tonnes based on the contracts awarded so far. |
| < Prev | Next > |
|---|
Jasmine rice
![]() $ 0.00 Add to Cart |
Fragrant Rice
![]() $ 0.00 Add to Cart |
Glutinous Rice
![]() $ 0.00 Add to Cart |
White rices
![]() $ 0.00 Add to Cart |
| Today | 817 |
| Yesterday | 909 |
| Week | 1726 |
| Month | 5325 |
| All | 591907 |
| We have 29 guests online | |