The National Food Authority (NFA) will schedule a second bidding for 250,000 metric tons (MT) of rice imports next week after Thailand and Vietnam on Friday went beyond reference prices.

The state-run grains agency rejected Thailand’s initial offer to sell 120,000 MT of the staple with 25 percent broken rice grains, or “brokens,” at $530 (P27,541.45)/MT and Vietnam’s bid to sell 50,000 MT with 15 percent brokens at $532 (P27,645.38)/MT.