Myanmar has secured five contracts to export 135,000 mt of 5% broken white rice to Indonesia, while Vietnam has secured seven lots to export 185,000 mt of rice.
Myanmar and Vietnam led the tender in terms of volume. The winning bids for all 12 lots were priced at $563/metric ton CNF.
On July 19, Indonesia announced a new tender to purchase 320,000 metric tons of 5% broken white rice in July, inviting bids from Vietnam, Thailand, Myanmar, Cambodia, and Pakistan, with the delivery scheduled between August and September 2024.