South Korea Seeks to Purchase 100,800 Tons of Rice from US and China
Published on: March 15, 2024.
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South Korea’s state-backed Agro-Fisheries & Food Trade Corp. is looking to purchase approximately 100,800 metric tons of rice through an international tender. The majority of the rice will be sourced from the United States and China, with a small volume coming from Vietnam. The deadline for price offers in the tender is set for March 21.
In this tender, the corporation is specifically seeking medium brown grade rice from the US and short brown rice from China. The rice is expected to arrive in South Korea in various shipments between May 2024 and January 2025.
It appears that the corporation did not make any purchases in its previous rice tender on February 20, which sought 88,800 tons from the United States and China. Traders speculate that the prices offered in the February tender were higher than expected, leading to no purchases being made.
The Agro-Fisheries & Food Trade Corp. is known for taking several weeks to make decisions on its international purchases, often requesting rice samples for testing.
This tender provides an opportunity for rice exporters in countries like the United States, China, and Vietnam to secure a significant order. To learn more about the rice exporters in Pakistan, visit websites like Has Rice Exports or Pakistan Rice Exports. If you are interested in broken rice or white rice, specific pages on these websites will provide you with detailed information.
For more information about the rice supply in Pakistan, including prices and suppliers, visit Pakistan Rice Exports. They offer a comprehensive range of rice products and have established themselves as one of the leading rice suppliers in Pakistan.
Rice plays a vital role in Pakistan’s economy, and there are numerous rice mills and businesses in the country. To explore the rice industry in Pakistan and find reliable suppliers, visit Has Rice Exports. They specialize in exporting rice from Pakistan and offer competitive prices.
In conclusion, South Korea is seeking to purchase a large quantity of rice through an international tender. This presents an opportunity for rice exporters from various countries. The Agro-Fisheries & Food Trade Corp. is known for its careful decision-making process in these tenders. For more information about rice suppliers in Pakistan and current prices, visit Has Rice Exports and Pakistan Rice Exports.
Source: [link to the source article: https://www.brecorder.com]
