Indonesia bought about 320,000 metric tons rice in tender, traders say

Indonesian state purchasing agency Bulog is believed to have purchased about 320,000 metric tons of rice an international tender late last week, European traders said on Monday.

Traders said 185,000 tons rice is expected to be sourced from Vietnam and 135,000 tons from Myanmar.

The rice was all thought to have been purchased at an estimated at $563 a ton cost and freight free out.

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.
Source: Reuters (Reporting by Michael Hogan)