Indonesian Agencies Bulog Issued International Tender of Rice Purchase for about 3 Lakh MT

Rice

Published on

The Indonesian state purchasing agency Bulog has issued an international tender to purchase 300,000 MT of rice, with a requirement for the grain to arrive in Indonesia by May 31. Price offers must be submitted by Monday, March 25. Subsequent negotiations with Bulog are scheduled to occur in the days following the submission deadline, with a decision anticipated by March 27. This tender is part of Indonesia's ongoing efforts to increase rice imports in order to stabilize prices following a disappointing local harvest.