Rice price today August 19, 2022: Rice price decreased by 50 – 150 VND/kg

rice price today August 19, 2022: Rice price decreased by 50 – 150 VND/kg Today’s rice price in the Mekong Delta provinces decreased with all types of raw rice. The market is slow to trade. In the world market, the export rice offering price remains stable. Currently, the price of 5% broken rice is at 393 USD/ton; 25% broken rice is 378 USD/ton, 100% broken rice is 383 USD/ton. In the first 7 months of 2022, Vietnam’s rice export reached 4.19 million tons, equivalent to a value of more than 2 billion USD, an increase of 20.5% in volume and 9% in value over the same period in 2021. This is a record high export level ever. However, in early August 2022, Vietnam’s rice export prices suddenly dropped sharply and after several adjustments, Vietnam’s 5% broken and 25% broken rice export prices fell below the 400 USD mark, lower than Thailand’s rice prices, although previously, Vietnam’s rice export prices had continuously held firm and occupied the top position among the four traditional rice exporting countries: Vietnam, Thailand, Pakistan and India. According to the Institute of Policy and Strategy for Agricultural and Rural Development (Ministry of Agriculture and Rural Development), this week, Thailand’s rice export prices also did not last long: After increasing by 6 USD/ton, they quickly decreased by 6 USD/ton. On August 17, 2022, Thailand’s 5% broken rice price was offered at 418 USD/ton. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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