# Pre-bid conference for rice importation draws 12 companies - BusinessWorld Online

> Twelve companies attended the pre-bid conference for the National Food Authority's planned import of 250,000 metric tons of 25% broken rice. The actual bidding was scheduled for October 18, as part of a 750,000 MT import program approved for the year.

- Date: 2018-10-05 · published 2018-10-05T12:00:00.000Z
- Category: trade · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/62618-pre-bid-conference-for-rice-importation-draws-12-companies-businessworld-online
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A large Philippine tender for 750,000 MT of imports supports Asian export demand and rice prices.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-10-23 | [Unawarded rice import contracts to be rebid soon - BusinessWorld Online](https://feedsoft.ai/events/62617-unawarded-rice-import-contracts-to-be-rebid-soon-businessworld-online.md) | -3.3% | -0.6% |
| RICE | 2018-11-13 | [Suppliers refuse to meet NFA price as rice auction fails again – BusinessWorld Online](https://feedsoft.ai/events/62119-suppliers-refuse-to-meet-nfa-price-as-rice-auction-fails-again-businessworld.md) | +1.2% | -0.9% |
| RICE | 2018-07-24 | [China clears 14 Indian rice companies for export amid trade war with US \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/63989-china-clears-14-indian-rice-companies-for-export-amid-trade-war-with-us-economy.md) | -0.3% | -14.4% |
| RICE | 2018-05-16 | [Feeding the Dragon: Prospects brighten for non-basmati rice exports  - The HinduBusinessLine](https://feedsoft.ai/events/65000-feeding-the-dragon-prospects-brighten-for-non-basmati-rice-exports-the.md) | -1.2% | -3.2% |
| RICE | 2024-02-21 | [The impact of India’s rice export restrictions on global markets, supplies and prices \| The Business Standard](https://feedsoft.ai/events/31740-the-impact-of-india-s-rice-export-restrictions-on-global-markets-supplies-and.md) | -1.0% | -2.4% |

## Sources

- bworldonline.com: https://bworldonline.com/editors-picks/2018/10/05/191528/pre-bid-conference-for-rice-importation-draws-12-companies/

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