Philippines stops purchase of rice after Vietnam resumes exports

Date: 2020.07.24

The Philippine has dropped a plan to import up to 300,000 tonnes of rice from governments.

The decision comes after Vietnam, the main rice supplier of the Philippine, has resumed selling grains.

As reported in the Reuters, the Philippines had planned to import under a government-to-government scheme.

Philippine International Trading Corp (PITC) issued a tender to import 25 per cent broken, well-milled long grain white rice, with bids from India, Thailand, Vietnam and Myanmar opened on 8 June.

Read more here.

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