Philippines drops multinational rice purchase as Vietnam resumes exports – ZAWYA

Philippines drops multinational rice purchase as Vietnam resumes exports – ZAWYA

Philippines drops multinational rice purchase as Vietnam resumes exports | ZAWYA MENA Edition HomeBusinessArticlePhilippines drops multinational rice purchase as Vietnam resumes exports The Philippines imports around 7% to 14% of its rice requirements, with 90% coming from its Southeast Asia neighbour    Image used for illustrative purpose. A volunteer operates a crate lifter to carry sacks of rice for victims of Super Typhoon Mangkhut at the Department of Social Welfare and Development, National Relief Operations Center in Pasay City, Metro Manila, in Philippines, September 17, 2018. MANILA - The Philippine government has dropped a plan to import up to 300,000 tonnes of rice from various governments as its traditional main supplier, Vietnam, has resumed selling grains, the agriculture department said late on Saturday.The Philippines, the world's biggest rice buyer, had planned to import under a government-to-government scheme to ensure sufficient supply during its lean harvest season in the third quarter. State agency Philippine International Trading Corp (PITC) had issued a tender to import 25% broken, well-milled long grain white rice, with bids from India, Thailand, Vietnam and Myanmar opened on June 8. The Philippines, the world's biggest rice buyer, had planned to import under a government-to-government scheme to ensure sufficient supply during