Bangladesh issues tender to buy 50,000 tonnes of rice - trade

The deadline for submission of price offers is March 24

  
People work in a rice processing mill in Munshiganj, Bangladesh January 4, 2021.

People work in a rice processing mill in Munshiganj, Bangladesh January 4, 2021.

REUTERS/Mohammad Ponir Hossain

HAMBURG - Bangladesh's state grains buyer has issued another international tender to purchase 50,000 tonnes of rice, traders said on Monday.

The deadline for submission of price offers is March 24.

A previously-issued tender for 50,000 tonnes of rice from Bangladesh closes on March 18.

Bangladesh has issued a series of rice tenders in recent months amid dwindling supplies and a surge in prices.

Bangladesh, traditionally the world's third-biggest rice producer, has emerged as a big importer due to depleted stocks and record prices after repeated flooding damaged its crop.

The new tender seeks price offers for non-basmati parboiled rice in CIF liner out terms, including some ship unloading costs, for shipment to the ports of Chattogram and Mongla.

The rice can come from worldwide origins and shipment is required 40 days after contract award.

(Reporting by Michael Hogan in Hamburg and Ruma Paul in Dhaka, editing by Rashmi) ((michael.j.hogan@thomsonreuters.com; +49 172 671 36 54; Reuters Messaging: michael.hogan.thomsonreuters.com@reuters.net))


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