Taiwan: Taiwan Completes First US Rice Tender of 2020

Price volatility and U.S. logistical challenges caused by COVID-19 delayed Taiwan's rice tendering process until the summer. On July 21, 2020, Taiwan awarded the first tender of the 2020 U.S. rice country specific quota (CSQ) for 18,500 metric tons (MT) under the simultaneous-buy and sell (SBS) scheme to nine successful bidders with various tonnages and offered bid price levels. This fulfills 28 percent of the 2020 U.S. rice CSQ.

Taiwan: Taiwan Completes First US Rice Tender of 2020