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Philippines' import tender for 300,000 T rice closes on June 8

Published 05/26/2020, 09:54 AM
Updated 05/26/2020, 10:00 AM
© Reuters.

MANILA, May 26 (Reuters) -
* The Philippine government has issued a tender to import
300,000
tonnes of 25% broken, well-milled long grain white rice, and set
a June 8 deadline for the submission of bids, according to an
invitation to bidders reviewed by Reuters.
* The tender is for a government-to-government deal that the
Philippines, the world's biggest rice buyer, has sought from
either Myanmar, Vietnam, Thailand, India or Cambodia.
* Manila has a budget of 7.45 billion pesos ($146.8 million)
for
the purchase that is intended to boost state stockpiles ahead of
the Southeast Asian country's lean harvest season in the third
quarter.
* Private companies are not allowed to bid.
* The Philippines is seeking delivery of the first 150,000
tonnes
not later than June 22, and the second not later than July 22.

($1 = 50.7510 Philippine pesos)


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