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026 million tons, a year-on-year decrease of 11.
8% .
Vietnam is still the largest source of imports, accounting for 91% of total imports, a year-on-year decrease of 3.
2% .
Imports from Myanmar decreased by 44.
4% year-on-year, and imports from Thailand increased by 49.
1% year-on-year .
The issued Sanitary and Phytosanitary License (SPS-IC) covers a total of 1.
937 million tons of rice, a year-on-year decrease of 37.
8% .
Tolentino, a member of the Currency Committee, said that the increase in domestic rice harvests and the rise in international rice prices were the reasons for the decline in imports
.
Montemayor, national manager of the Free Farmers Federation, said that traders may have reduced their rice purchases because their profits were reduced by rising prices in the international market
.
The wholesale price of rice is now affected by domestic production, so importers need to think twice when buying rice from abroad
.
.
Montemayor, national manager of the Free Farmers Federation, said that traders may have reduced their rice purchases because their profits were reduced by rising prices in the international market
.
The wholesale price of rice is now affected by domestic production, so importers need to think twice when buying rice from abroad
.
According to data from the Food and Agriculture Organization of the United Nations, the average price of 5% broken rice and 25% broken rice in Vietnam reached US$507.
4 per ton and US$484.
6 per ton, an increase of 36.
9% and 38.
3% year-on-year
.
The average quotations of 25% broken rice and 100% broken rice in Thailand reached US$529.
6 and US$561.
2 per ton, respectively, representing a year-on-year increase of 17% and 16.
6%
.
4 per ton and US$484.
6 per ton, an increase of 36.
9% and 38.
3% year-on-year
.
The average quotations of 25% broken rice and 100% broken rice in Thailand reached US$529.
6 and US$561.
2 per ton, respectively, representing a year-on-year increase of 17% and 16.
6%
.
