Vietnam's rice export prices continue to rise

Vietnam's "Labor Daily" reported on October 14 that according to the Vietnam Food Association (VFA), the price of 5% of Vietnamese broken rice on the world market on October 14 has reached US$438-442/ton, up from 3 days ago USD 5/ton
.
The export price of 25% broken rice is US$413-417/ton, and the export price of 100% broken rice is US$338-342/ton
.
Therefore, the 5% broken rice categories like, other types of Vietnamese rice prices also rose about $ 500 / ton
.
Although the price of 5% broken rice and 25% broken rice in Vietnam is high, the export price of Vietnamese jasmine rice is only US$573-577/ton, which is a very low price level
.
Fan Taiping, general manager of Zhong'an High-tech Agriculture Co.
, Ltd.
, said: The price of Vietnamese jasmine rice is 573-577 US dollars/ton, which is low
.
In order to compete, Vietnamese companies lowered the export price of rice, thus damaging the Vietnamese rice brand
.
Grain export rice-based riceAlthough the price of 5% broken rice and 25% broken rice in Vietnam is high, the export price of Vietnamese jasmine rice is only US$573-577/ton, which is a very low price level
.
priceFan Taiping, general manager of Zhong'an High-tech Agriculture Co.
, Ltd.
, said: The price of Vietnamese jasmine rice is 573-577 US dollars/ton, which is low
.
In order to compete, Vietnamese companies lowered the export price of rice, thus damaging the Vietnamese rice brand
.