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Logo of Phnom Penh Post newspaper Phnom Penh Post - Cambodia set to take second go at rice bid

Cambodia set to take second go at rice bid

Despite failing in its latest attempt to win the Philippine government’s bid to import rice, Cambodia will once again throw its hat into the ring when the offer is reissued, industry representatives said yesterday.

The Philippine’s National Food Authority (NFA) in August set up a bidding process, open to all countries, for the import of 500,000 tonnes of rice to the country.

The NFA set a budget of $456.60 per tonne, but no one was able to meet that target, with bids ranging from $460 to $496.75 per tonne, according to reports. The Philippine government is set to reopen the bidding, keen to replenish rice stocks after severe weather damaged local crops and drove up domestic prices.

Thon Virak, director of state-owned rice exporter Green Trade, told the Post yesterday that Cambodia would again go after a slice of the NFA contract, with an offer to supply 100,000 tonnes of the staple.
“We will do what we can. But, we cannot lose money just because we want to get the bid,” he said.

Virak could not reveal the price per tonne that Cambodia was willing to offer, as it was a competitive bidding process, but acknowledged it would be tough for Cambodia to win a piece of the contract.

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vandavid's picture

I am always amused whenever I see articles of Cambodian rice exporters claiming to be bidding in such international rice tenders that are rather meant for "Big League Exporters". When one sees the names of global trading firms involved in the bidding process coupled with all the technical terms & conditions imposed in the Filipino tender documents, one simply "know" Cambodia is far off from being at that level yet. Filipino tender documents require such complicated technical terms & conditions that none of the Cambodian rice exporters could even fulfill and meet. Our exporters have a long way to go to reach such sophisticated technical level in trading and we should simply focus on more simpler deals. We need to know where we stand and learn how to walk more confidently before we try jump into professional marathon...

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