Rice price today May 8, 2022: Rice price increased sharply by 200 VND/kg

rice price today May 8, 2022: Rice price increased sharply by 200 VND/kg Today’s rice price in the Mekong Delta provinces increased sharply with raw rice. According to businesses, rice prices increased due to increased demand, while rice supply decreased sharply because the 2022 Winter-Spring crop harvest was completed, while the early Summer-Autumn crop had not been harvested much. Last week, rice prices of all types increased simultaneously, with low supply while demand was high. By-product prices also increased in many areas. The domestic market after the slow trading ceremony, raw rice prices increased slightly. In the world market, Vietnam’s export rice offering price is currently stable. Specifically, the price of 100% broken rice is at 360 USD/ton. Specifically, 5% broken rice is 415 USD/ton; 25% broken rice is 395 USD/ton; Jasmine rice is stable at 513 – 517 USD/ton. Preliminary data for April 2022 shows that rice exports to the Philippines increased sharply, nearly doubling compared to the previous month, while exports to Africa decreased sharply compared to March. Strong demand from Asian and African markets raised Indian rice prices. #giagao #nongnghiep #nhanong #mientay. #rice

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