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Updated Thursday, December 17, 2009 10:53 am TWN, dpa

Vietnam sells 600,000 more tons of rice to Philippines

HANOI -- Vietnam has won a contract to export 600,000 tons of rice to the Philippines, authorities said Wednesday. The sale comes in addition to a contract for 400,000 tons of rice for the Philippines that Vietnam won last week.

Officials at the Vietnam Southern Food Corp said Vietnam had won the tender at an auction Tuesday with a price of US$664.90 per ton for 25-percent broken white rice. Thailand, France, Germany and South Korea all lost out with bids of more than US$700 per ton.

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