Firstly, Vietnam and Thailand made initial offers of 419.35 and 419 USD per tonne, respectively but the NFA did not accept both as they were higher than the reference price of 410.12 USD per tonne.
In the second round, Thailand declined to give a new price while Vietnam offered a price of 410.12 USD per tonne for only 150,000 tonnes.
According to the NFA on June 5, Vietnam won a rice supply tender to the Philippines with an offer of 410.12 USD per tonnes.
Vietnam will deliver 150,000 tonnes of 25 percent broken white rice for the Philippines in July.
Photo for illustration
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According to the NFA on June 5, Vietnam won a rice supply tender to the Philippines with an offer of 410.12 USD per tonnes.
Vietnam will deliver 150,000 tonnes of 25 percent broken white rice for the Philippines in July.
