# South Korea buys 46,229 tonnes of rice in tender - Markets - Business Recorder

> South Korea's state-backed Agro-Fisheries & Food Trade Corp bought an estimated 46,229 tonnes of rice in a tender for shipment May to October. Thai non-glutinous rice was bought at $607-618 per tonne c&f and Vietnamese at $584 per tonne c&f. The purchase is sourced from Thailand, Vietnam and China.

- Date: 2021-04-09 · published 2021-04-09T12:00:00.000Z
- Category: trade · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/47693-south-korea-buys-46-229-tonnes-of-rice-in-tender-markets-business-recorder
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Import tenders provide firm demand for Thai and Vietnamese rice and set reference export prices. Purchases at these levels support Asian export quotes.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-12-28 | [Asia rice-Thai rates soar to 15-year highs - Markets - Business Recorder](https://feedsoft.ai/events/32790-asia-rice-thai-rates-soar-to-15-year-highs-markets-business-recorder.md) | -1.9% | +4.2% |
| RICE | 2021-01-23 | [Indian rice prices up; Thai higher prices dampen demand - Markets - Business Recorder](https://feedsoft.ai/events/49240-indian-rice-prices-up-thai-higher-prices-dampen-demand-markets-business-recorder.md) | +1.4% | -2.9% |
| RICE | 2022-11-25 | [Tight supplies lift Vietnam rice rates to 16-month high - Markets - Business Recorder](https://feedsoft.ai/events/38753-tight-supplies-lift-vietnam-rice-rates-to-16-month-high-markets-business.md) | -1.2% | -0.3% |
| RICE | 2021-03-18 | [Asia rice: India, Vietnam rates gain on robust demand; BD eyes - Markets - Business Recorder](https://feedsoft.ai/events/48197-asia-rice-india-vietnam-rates-gain-on-robust-demand-bd-eyes-markets-business.md) | +1.4% | -1.2% |
| RICE | 2022-06-10 | [Asia rice: India rates rise as fears of export curb accelerate demand - Markets - Business Recorder](https://feedsoft.ai/events/41014-asia-rice-india-rates-rise-as-fears-of-export-curb-accelerate-demand-markets.md) | -1.7% | -2.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40082749

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.