Combodia in hope to conquer the Philippnes’s rice tender of half million tonnes of rice .
The chairman and director general of Combodian state owned rice mill exporter said tha South East Asian countries could not participate in this tender as they were not able to fulfill the bid of 800,000 tonnes of 5% broken rice in March 2014 due to shortage of able exporters Newly formed Combodia Rice Federation(CRF) is working to grab the Philippines’s tender.The Chairman siad that they cannot quote the rice at lower prices as by Vietnam because their Shipping and transportation cost is higher.
Not only Combodia but other exporter of the world are also in want to win this tender and hence making their rice stocks available so that they can meet their eligibility criteria .
Combodia rice export is up by 1%. Combodia exported around 177,298 tons of rice in Jan-Jun 2014 and in 175,959 tons exported during the same period last year according to SOWS-REF under the Ministry of Trade.
According to USDA estimation, Combodia will export around i million tons of rice including both official and unofficial export