The Bureau of Customs (BOC) continues to generate revenues for the government through the sale of seized smuggled rice as the Bureau earned P161.35-Million from the public auction of about 109,500 sacks of rice last October 7, Tuesday.

A total of 800,000 kgs of glutinous (malagkit) rice and 4,675,000 kgs of white rice in eight lots were sold to seven highest bidders during the public auction held at the Port of Manila. Sta. Rosa Farm won two lots while Universal Pacific Food Corp., LOM Marketing, Marulau Trading, 1st Asia Agri Industrial Corp, Veramar Rice Mill, and Evergreen Cereal Inc. each won a lot. A total of 40 bidders participated in the auction.

The glutinous rice was sold at an average price of P49 per kilogram, while the white rice was sold as an average of P26 per kilogram.

The auctioned rice represented shipment seized from Silent Royalty Marketing and Bold Bidder Marketing and General Merchandise from November to December 2013 for lack of required import permits from the National Food Authority (NFA). As the rice shipment auctioned is still subject of on-going cases, proceeds from the auction will be held in trust by the BOC.

Last week, the Bureau filed smuggling-related cases against the representative and customs brokers of Bold Bidder for the firm’s illegal importation of rice without any import permits from the National Food Authority. Bold Bidder imported over 12,800 Metric Tons of rice with market value of about P512-Million entering the country through Manila and Cebu from August to November 2013. Three of the lots auctioned are part of the seized rice from Bold Bidder.

“We are pleased with the results of the auction, which not only raised additional revenues for the Bureau but also helped declog 245 container vans from the Port of Manila. We are committed to expediting the disposition of forfeited shipments in the coming months,” said Mario Mendoza, Acting District Collector of the BOC-Port of Manila.

BOC-MICP to auction rice on Oct 17

The BOC-Manila International Container Port (MICP) Collection District will sell 36,400 sacks of white rice through a public auction on October 17, 2014, Friday, at 2:30 pm at the Ground Floor, MICP Building, North Harbor, Isla Putting Bato, Tondo, Manila.

The rice to be auctioned—consisting of 70 container vans of white rice imported by Jade Bros. Farm and Livestock arrived in the country without the required import permits from the NFA. The shipment was originally part of the lots that was lined-up for auction last September 11. It was withdrawn following the issuance of a Temporary Restraining Order (TRO) by the Court of Tax Appeals. That TRO has since lapsed.

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The auction is expected to generate proceeds of P47.028-Million and will further help decongest the Manila International Container Terminal. Public viewing of merchandise and pre-bid conference for all qualified bidders will be on Thursday, October 16, 2014

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PORT OF MANILA AUCTION RESULTS:

Lot / Consignee
Volume
No. of Container vans
Min Floor Price
Min Floor Price per kg of rice
Winning Bidder
Winning Bid Price
Winning Bid Price per kg of rice
No of Bids Received for the Lot

Glutinous Rice (Silent Royalty)
16,000 sacks or 800,000 kgs
40 x 20
P38.93-M
P48.67/kg
Sta. Rosa Farm Products
P39.2-M
P49/kg

5

White Rice (Silent Royalty)
36,000 sacks or 1,800,000 kgs
80 x 20
P46.56-M
P25.87/kg
Sta. Rosa Farm Products
P47.16-M
P26.2/kg

6

White Rice (Silent Royalty)
20,000 sacks or 1,000,000 kgs
40 x 20
P25.87-M
P25.87/kg
Universal Pacific Food Corp
P26.095-M
P26.095/kg

4

White Rice (Bold Bidder)
6,000 sacks or 300,000 kgs
15 x 20
P7.76-M
P25.87/kg
LOM Marketing
P7.81-M
P26.045/kg

5

White Rice (Bold Bidder)
6,000 sacks or 300,000 kgs
15 x 20
P7.76-M
P25.87/kg
Marulau Trading
P7.82-M
P26.07/kg

4

White Rice (Bold Bidder)
7,500 sacks or 375,000 kgs
15 x 20
P9.7-M
25.87/kg
1st Asia Agri Industrial Corp
P9.77-M
P26.06/kg

6

White Rice (Bold Bidder)
8,000 sacks or 400,000 kgs
20 x 20
P10.35-M
P25.87/kg
Veramar Rice Mill
P10.43-M
P26.07/kg

4

White Rice (Bold Bidder)
10,000 sacks or 500,000 kgs
20 x 20
P12.93-M
P25.87/kg
Evergreen Cereal Inc.
P13.06-M
P26.12/kg

6