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Philippines Buys 500,000 MT Of Rice In Tender
Posted on Monday, January 22 @ 06:32:07 CST by ricenews

Philippines Rice

The Philippines bought 500,000 MT of rice Monday mostly from Vietnam, intending to boost local stocks during the lean production season in the quarter to September.

The imports will form part of the 1.6 million MT of rice that the National Food Authority, the country's state-owned grains trading firm, has been authorized to bring in this year.

Rice contracts awarded Monday only involve the 25% broken variety for shipment between February and April this year.

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