Rice price today August 11, 2022: Export rice price decreased by 5 USD/ton

rice price today August 11, 2022: Export rice price decreased by 5 USD/ton Today’s rice price in the Mekong Delta provinces is stable for all types of rice, however, export rice decreased by 5 USD/ton. According to traders, today the amount of raw rice has decreased, the transaction is mainly fragrant rice. At the beginning of the week, warehouses bought a lot, the price of finished rice OM 5451 is higher. In the world market, the offered price of Vietnam’s export rice continued to decrease with a decrease of 5 USD/ton for two items of 5% broken rice and 25% broken rice. Specifically, the price of 5% broken rice is at 393 USD/ton, down 5 USD/ton; 25% broken rice is 378 USD/ton, down 5 USD/ton. Particularly, the price of 100% broken rice is stable at 383 USD/ton. Thus, in the first 10 days of August, the export price of rice has decreased sharply from 5 – 18 US dollars/ton. Mr. Phan Van Co – Marketing Director of Vrice Company Limited said that Vietnam’s rice export is facing many difficulties and challenges. Especially when the quality and selling price of Vietnamese rice are very similar to countries such as Thailand, India… However, many businesses believe that Vietnam’s rice export is still optimistic in 2022, rice prices will decrease in the short term, but will increase next month when the frequency of orders increases, especially the US and European markets increase the import of fragrant rice to serve the Asian community to celebrate the New Year and Lunar New Year. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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