State-run RP firm to import 30,000 T rice
Reuters | 11/05/2009 12:56 PM
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MANILA - State-run Philippine International Trading Corp. (PITC) will import 30,000 tons of mostly top-quality rice, with possible sources including Thailand and Vietnam, for arrival until Jan. 31, 2010, an official said on Thursday.
PITC will be importing the grain on behalf of private firms and cooperatives, which pay PITC a service fee. The country's main grain-importing arm, the National Food Authority, gave the trading agency authority to import the rice volume.
The rice grades that can be imported by PITC include white rice 100% A and B, 5 percent brokens, basmati rice and Thailand's jasmine rice, Edgardo Bernardo, head of imports at PITC, told Reuters.
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