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Vietnam’s rice price continues to rise as the harvest season ends, creating a shortage of supply. Vietnam’s 5% broken rice is now at $623 per ton, 7% higher than that of Thailand and 10.7% higher than that of Pakistan. The domestic paddy price has also been…
Vietnam’s rice exports are likely to reach record volumes this year on the back of burgeoning global demand and its large output. Le Thanh Tung, deputy head of the Ministry of Agriculture and Rural Development’s farming department, expected global demand to…
Prices of Vietnam’s exported rice are still the highest in the world, with that of 5% broken rice reaching 638 USD per tonne, and 25% broken rice $623 per tonne, according to the Vietnam Food Associaion. Meanwhile, Thailand’s 5% broken rice is sold at $628…
After India banned rice exports, prices of the grain have shot up but are unlikely to top the US$1,000 per ton levels reached in 2008 in the current scenario. India prohibited the export of non-Basmati rice varieties in late July, driving up global prices.…
The rice harvest in the Mekong Delta is still more than a month away, but traders are already asking to buy and even putting down deposits. The paddy has barely bloomed in the still green fields in Hon Dat District in Kien Giang Province, but traders have…
Vietnam has no immediate plans to restrict rice exports, a senior official of the country’s food association said on Monday, after India’s export curbs sparked worries about global supplies of the staple. “At the moment, Vietnamese companies are exporting…
Vietnam’s rice exporters could raise prices and sign long-term contracts with buyers now that India, the world’s largest supplier, has ordered an export halt. Indian government on July 20 announced a ban on non-basmati white rice as retail rice prices climbed…
The global decline of the rice supply and the impact of El Nino climate pattern have led to a sharp increase in the price of rice for export. Latest data from General Department of Vietnam Customs shows that in the first half of the year, rice exports reached…
The global decline of the rice supply and the impact of El Nino climate pattern have led to a sharp increase in the price of rice for export. Latest data from General Department of Vietnam Customs shows that in the first half of the year, rice exports reached…
Vietnam continued to be the biggest rice provider to the Philippines in the first five months of this year with a turnover of $772.4 million, surging 31.1% year-on-year. During January-May, the Philippines imported 1.5 million tons of rice from Vietnam,…
While exports of textiles, wood products and seafood plummeted in the first five months of 2023, those of rice and fruits have risen. Overall exports between January and May were worth US$136.17 billion, down 11.6% year-on-year, according to the General…
Vietnam’s rice export prices grew 9.2% year on year to $532 per tonne in the first quarter of 2023, said the General Department of Vietnam Customs. The price increase was attributed to a surge in the proportion of high-quality rice such as fragrant,…
Vietnam exported 1.7 million tonnes of rice in Q1 worth over $900 million, a 19% increase in quantity and 30% rise in value over the same period last year, according to Vietnam Customs. According to the Ministry of Industry and Trade (MoIT), Vietnamese rice…
Vietnam’s rice export value rose 30.2% in the first quarter despite export volume falling 19.2%. According to a Ministry of Agriculture and Rural Development report, the country shipped 1.79 million tons of rice worth $952 million abroad in the period. The…
Vietnamese 5% broken rice has been the most expensive in the world since August last year, surpassing rivals Thailand and India, according to the Ministry of Industry and Trade. In the first two months of this year Vietnam’s average rice price was over $519…
Vietnam’s rice exports to Taiwan rose by 18.5% last year as quality improved and prices were competitive. It shipped 20,281 tons worth over US$10 million, accounting for more than 16% of Taiwan’s imports, the third highest market share. In recent years…
