Vietnam's rice export prices hit the highest level in 9 years

According toa media report from Food Partners Network , on March 25, 2021, the foodmate.
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html" class="zdbq" title="Export-related food information" target="_blank">export foodmate.
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html" class="zdbq" title="Price related food information" target="_blank">price of 5% broken rice from Vietnam has increased to US$515-520/ton, a new high since December 2011.
A businessman said: “At present, the demand for foodmate.
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html" class="zdbq" title="Rice-related food information" target="_blank">rice is increasing, and many cargo ships have arrived at the port of Ho Chi Minh City, Vietnam for loading.
Therefore, it is predicted that the export price of rice is still high due to the Covid-19 epidemic.
The impact of global grain demand remains high.
”


Vietnamese rice exporters revealed on March 24 that Vietnam Southern Grain Corporation has won the bid to export 50,000 tons of 5% broken rice to Bangladesh.