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Indonesia’s Bulog awards eighth rice tender to Myanmar, Vietnam, Thailand; Pakistan wins 8 lots

September 26, 2024 Comments Off

Indonesia’s state procurement agency Bulog has awarded its eighth rice purchase tender of 2024 to Pakistan, Vietnam, Myanmar and Thailand, with Pakistan winning over half of the total lots, sources told S&P Global Commodity Insights Sept. 25. Despite winning the tender, prices for Pakistan 5% white rice are expected to remain under pressure amid high supply. Vietnamese 5% WR and…