The Philippines bought 422701 tonnes of rice, largely to be sourced from Vietnam, for delivery between January to March.Sources said the State grain agency did not award the full tender of 450000 tonnes of rice due to high prices. The accepted bids ranged from $399.98 to $410.99 per tonne for the January shipment, and $408.9 to $414.98 for the February and March imports, including cost and freight.
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