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Bulog tender sees Pakistan, Thailand compete amid dwindling Vietnamese supplies

August 23, 2024 Comments Off

Indonesia’s state-owned purchasing agency, Bulog, announced its seventh tender of the year Aug. 23, seeking to buy 350,000 metric tons of 5% broken white rice. Pakistani sellers view this as a promising opportunity, given the arrival of their new crop in September and their competitive pricing. As Vietnam’s supplies dwindle, competition is expected to intensify between Thailand and Pakistan The…