Thailand, Vietnam win rice supply deals
Thailand and Vietnam will supply the Philippines 250,000 tons of 25-percent broken rice.
A report posted on ABS-CBN said the two countries won the supply deals after lowering their offers to below Manila’s reference price.
Thailand will supply 100,000 tons of rice at $424.85 a ton.
Vietnam will supply the remaining 150,000 tons at the same price.
The prices included freight, insurance and other costs.