Turkish Grain Board Opens Tender to Import 40,000MT of Rice

The Turkish Grain Board (TMO) will import 40,000MT of rice with the tender bids open for submission until 25 November. Deliveries will be requested between 5 December 2022 and 15 February 2023. In addition to the purchase of imported short and long-grain packaged rice, offers can also be made for domestically produced rice within Turkey. In October, TMO announced a 20% increase in the average paddy prices which was reflected in the TUIK data. There was an increase of up to 22.4% in the prices of unprocessed natural rice in the market. The aforementioned price increases were reflected on the retail shelves.