In the first bidding package, Vietnam Food Corp No 2 (Vinafood 2) won the bid at CIF price of $598/tonne. The prices for the second and third package that Vinafood 2 has won were posted at $630/tonne and $648/tonne respectively.

It's predicted that the offered price for the bidding session to be held in Philippines on December 8 will increase to $800 per tonne, with the participation of six other rice exporters from France, Thailand. The delivery time will be from February to May 2010.

Thoi Bao Kinh Te Vietnam - December 3, 2009