Posted to Maritime Reporter

Agro-Fisheries and Food Trade Corporation, a state-owned corporation in South Korea. European traders reported on Monday that a international tender has been issued to ‘purchase’ an estimated 74,382 tons of rice.

About 33,300 tonnes of the total should be sourced in the United States, approximately 22,200 tons are sourced in China, and the rest is sourced by Australia, Vietnam, and Thailand.

The deadline for submitting? price proposals in the? tender is March 11th. The shipment was to be made in 2026, between June 1 and Dec 31. The tender is mainly seeking non-glutinous medium grain brown rice.

Traders said that the results of the tender might not be known for a few weeks after submissions. Traders said that the corporation often requires rice samples be sent to? Korea to be analyzed?before a final award is made. (Reporting and editing by Michael Hogan, Hamburg)

(source: Reuters)

Published Date: March 2, 2026