The Philippines will hold the third rice bidding for next year.

The National Food Administration of the Philippines will hold a bid invitation on December 8 to buy 600000 tons of rice, which currently has a budget of 15.26 billion pesos, or about $327 million, the Philippine National Food Agency said on Monday. The National Food Administration is looking for 25% broken rice, which can be supplied by Thailand, Vietnam, China, Pakistan, Australia, India and the United States. The arrival date of rice is set from February to May next year.