Wednesday, May 16, 2007

Philippines Plans Rice Tender Next Month; May Boost Import Total for 2007

(Bloomberg) -- The Philippines, the world's biggest rice importer, plans to buy 300,000 tons of the grain next month, taking total imports so far this year close to the total approved by the government for all of 2007.

The latest tender will be held June 6, National Food Deputy Administrator Ludivico Jarina said today. The purchase will bring imports so far this year to 1.72 million tons, compared to the 1.73 million tons that has been sanctioned.


Read more at Bloomberg Commodities News

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