Japan CPTPP SBS Tender Results

(Source: http://www.maff.go.jp

Japan bought and sold about 840 tons of short grain brown rice from Australia in the second CPTPP simultaneous buy and sell (SBS) tender conducted on September 24, 2019, according to a notice on the website of the Ministry of Agriculture, Fisheries, and Forestry (MAFF).

Japan sought to import 1,000 tons of rice in the third CPTPP SBS tender. However, MAFF received applications for about 860 tons of Australian rice (including 820 tons of whole grain brown rice and about 40 tons of broken rice). Bids for 840 tons (including 800 tons of whole grain brown rice and about 40 tons of broken rice) are successful.

According to the news release, an additional estimate would be made for the unsuccessful 20 ton on September 25, 2019.

The results of the tender are as follows:

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

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05/07/2022
Rice
Vietnam
Thailand
India
Pakistan
5% Broken
418 0 418 5 343 0 388 0
25% Broken
403 0 407 4 328 0 368 0
100% Broken
383 0 385 -2 328 5 366 0

From 23/06/2022-30/06/2022
(VND/kg)

Rice
Max Price
Average
+/- Weekly
Paddy in the field
      5.800        5.664  +68 
Paddy at the warehouse       7.150        6.642  +25 
Brown rice grade 1       8.950        8.833  -29 
Milled rice grade 1        9.600        9.450  -8 
5% broken
      9.350        9.193  -14 
15% broken
      9.150        8.933  -17 
25% broken
      8.950        8.700  -17 
Broken 1/2       8.750        8.507  +29 
Bran
      9.150        8.850  +57 

Exchange Rate

05/07/2022
Currency Code Currency Name Units per USD
CNY Chinese Yuan Renminbi 6,72
EUR Euro 1,03
IDR Indonesian Rupiah 15012,44
INR Indian Rupee 79,25
MMK Burmese Kyat 1852,31
MYR Malaysian Ringgit 4,42
PHP Philippine Peso 55,43
PKR Pakistani Rupee 206,40
THB Thai Baht 35,97
VND Vietnamese Dong 23404,00