(11.26 Taipei) The 1st 2011 TRQ tender is held today in Taipei. 15,000 MT of rice import quota is released at this tender.
There are more than 90 bidder today and 26 winners may share the 15,000 MT. The quota will be valid from Jan. 1st, 2011.
The next TRQ tender will be held on Feb. 24th, 2011, which is for 20,652 MT.
After becoming a WTO member, Taiwan imports at least 144,720 MT of rice every year. And there are at least 50,652 MT of rice imported by private companies who own permission to trade rice in Taiwan. The tender held today is for 15,000 of the total 50,652 MT import quota in 2011.