Adds tender contributors, element from paragraph 4
HAMBURG, Might 3 (Reuters) – Bangladesh’s state grains purchaser obtained the bottom bid of $407.79 a tonne CIF liner in a young for buying 50,000 tonnes of rice that closed on Sunday, merchants mentioned in preliminary assessments on Monday.
Affords are nonetheless being thought-about and no buy had but been reported, they mentioned.
Three buying and selling homes submitted gives, they mentioned.
The bottom supply was mentioned to have been submitted by buying and selling firm PK Agrilink.
Buying and selling home ECT was mentioned to have provided $409.65 a tonne CIF liner out and AVI Commerce provided $436.41 a tonne CIF liner out. Liner out costs embrace ship unloading prices.
The non-basmati parboiled rice sought within the tender can come from worldwide origins and cargo to 2 ports in Bangladesh is required 40 days after contract award.
Bangladesh has issued a collection of rice tenders in latest months amid dwindling provides and a surge in costs of the staple grain after floods broken its crop.
Historically, the world’s third-biggest rice producer Bangladesh has emerged as an enormous importer owing to depleted shares and document costs after the flooding final 12 months.
(Reporting by Michael Hogan and Ruma Paul; Modifying by Rashmi Aich)
(([email protected]; +49 172 671 36 54; Reuters Messaging: [email protected]))
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.