Taiwan Completes Normal Tender for 6000 Tons of U.S. Rice Taipei Taiwan 10 30 2017
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY
USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT
POLICY
Voluntary
- Public
Date: 10/30/2017
GAIN Report Number: TW170017
Taiwan
Post: Taipei
Taiwan Completes Normal Tender for 6000 Tons of U.S.
Rice
Report Categories:
Grain and Feed
Approved By:
Mark Petry
Prepared By:
Andrew Anderson-Sprecher and Chiou Mey Perng
Report Highlights:
On October 24, 2017, Taiwan completed normal tender GF4-106-086 for 6,000 tons of U.S. rice (6,900
tons on a brown rice basis). Taiwan has now completed tenders for 39,650 tons of U.S. rice, equaling
61 percent of the 2017 U.S. rice country-specific quota (CSQ).
General Information:
As of October 30, 2017, Taiwan has completed tenders for 39,650 tons of U.S. rice counting towards the
2017 U.S. CSQ, including two Simultaneous-Buy and Sell tender (SBS) tenders and two normal tenders.
The Council of Agriculture (COA) has scheduled an additional normal tender (GF4-106-142) for 12,000
tons of medium/short grain brown U.S. rice for November 7, 2017.
October 24, 2017 U.S. Rice Normal Tender (GF4-106-086)
6,000 tons of U.S-origin milled medium grain rice (6,900 MT brown equivalent)
COA awarded the full tender to one bidder out of four at NT$24,866 per ton (US $821.71/ton). The
delivery terms were for 500 tons each month in 2018. COA had originally proposed more restrictive
tender specifications that included an upper and lower limit for kernel width and length. However, COA
later dropped this proposal and instead set a simple length limit of 6.61 mm for medium or short grain
rice as it has done in the past.
August 30, 2017 U.S. Rice Second SBS Tender (GF4-106-094)
13,100 tons of U.S.-origin rice
COA awarded the tender to six of the twenty-three bidders who participated in the bid. Five received
2,500 tons each and one received 600 tons at the same price of NT$7,209 per ton (US $239.25/ton). The
delivery term for SBS tender is from May 1, 2017 through April 30, 2018.
Taiwan’s 2017 Rice Tender Results in tons (brown basis)
Country
Status
SBS
Normal
Completed
Tenders
Tender
Completed
0
0
0
Egypt
Ongoing
2500*
0
Completed
6,500
1,800
8,300
Thailand
Ongoing
0
Completed
8,500
5,000
13,500
Australia
Ongoing
5,134
Completed
31,600
8,050
39,650
USA
Ongoing
12,000
*Failed three times, open on a global basis beginning 11/8/17
Total
CSQ
Percent
Filled
2,500
0
8,300
100
18,634
72
64,634
61
Taiwan’s 2017 Rice CSQ Allotments and Tender Results in tons (brown basis)
Country
SBS Tender
Normal
st
nd
Tender
1 Tranche
2 Tranche
0
2500 (failed 8/25/2017;
0
Egypt
9/12/2017; 9/26/2017;
11/8/2017 opened on
global basis)
6,500
0
1,800
Thailand
(805 completed 9/5/2017
(completed
03/08/2017)
and 995 completed
10/24/2017
5,000
3,500
10,134
Australia
(completed
(completed 9/26/2017)
(5,000 completed
8/15/2007)
03/17/2017)
18,500
13,100
33,034
(1,150
completed
USA
(completed
(completed 08/30/2017)
03/28/2017; 6,900
03/08/2017)
completed 10/24/2017;
12,000 announced)
Exchange Rate:
US$1 to NT$30.131 on 08/30/2017
US$1 to NT$30.261 on 10/24/2017
Total
CSQ
2,500
8,300
18,634
64,634
USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT
POLICY
Voluntary
- Public
Date: 10/30/2017
GAIN Report Number: TW170017
Taiwan
Post: Taipei
Taiwan Completes Normal Tender for 6000 Tons of U.S.
Rice
Report Categories:
Grain and Feed
Approved By:
Mark Petry
Prepared By:
Andrew Anderson-Sprecher and Chiou Mey Perng
Report Highlights:
On October 24, 2017, Taiwan completed normal tender GF4-106-086 for 6,000 tons of U.S. rice (6,900
tons on a brown rice basis). Taiwan has now completed tenders for 39,650 tons of U.S. rice, equaling
61 percent of the 2017 U.S. rice country-specific quota (CSQ).
General Information:
As of October 30, 2017, Taiwan has completed tenders for 39,650 tons of U.S. rice counting towards the
2017 U.S. CSQ, including two Simultaneous-Buy and Sell tender (SBS) tenders and two normal tenders.
The Council of Agriculture (COA) has scheduled an additional normal tender (GF4-106-142) for 12,000
tons of medium/short grain brown U.S. rice for November 7, 2017.
October 24, 2017 U.S. Rice Normal Tender (GF4-106-086)
6,000 tons of U.S-origin milled medium grain rice (6,900 MT brown equivalent)
COA awarded the full tender to one bidder out of four at NT$24,866 per ton (US $821.71/ton). The
delivery terms were for 500 tons each month in 2018. COA had originally proposed more restrictive
tender specifications that included an upper and lower limit for kernel width and length. However, COA
later dropped this proposal and instead set a simple length limit of 6.61 mm for medium or short grain
rice as it has done in the past.
August 30, 2017 U.S. Rice Second SBS Tender (GF4-106-094)
13,100 tons of U.S.-origin rice
COA awarded the tender to six of the twenty-three bidders who participated in the bid. Five received
2,500 tons each and one received 600 tons at the same price of NT$7,209 per ton (US $239.25/ton). The
delivery term for SBS tender is from May 1, 2017 through April 30, 2018.
Taiwan’s 2017 Rice Tender Results in tons (brown basis)
Country
Status
SBS
Normal
Completed
Tenders
Tender
Completed
0
0
0
Egypt
Ongoing
2500*
0
Completed
6,500
1,800
8,300
Thailand
Ongoing
0
Completed
8,500
5,000
13,500
Australia
Ongoing
5,134
Completed
31,600
8,050
39,650
USA
Ongoing
12,000
*Failed three times, open on a global basis beginning 11/8/17
Total
CSQ
Percent
Filled
2,500
0
8,300
100
18,634
72
64,634
61
Taiwan’s 2017 Rice CSQ Allotments and Tender Results in tons (brown basis)
Country
SBS Tender
Normal
st
nd
Tender
1 Tranche
2 Tranche
0
2500 (failed 8/25/2017;
0
Egypt
9/12/2017; 9/26/2017;
11/8/2017 opened on
global basis)
6,500
0
1,800
Thailand
(805 completed 9/5/2017
(completed
03/08/2017)
and 995 completed
10/24/2017
5,000
3,500
10,134
Australia
(completed
(completed 9/26/2017)
(5,000 completed
8/15/2007)
03/17/2017)
18,500
13,100
33,034
(1,150
completed
USA
(completed
(completed 08/30/2017)
03/28/2017; 6,900
03/08/2017)
completed 10/24/2017;
12,000 announced)
Exchange Rate:
US$1 to NT$30.131 on 08/30/2017
US$1 to NT$30.261 on 10/24/2017
Total
CSQ
2,500
8,300
18,634
64,634