echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > Vietnam's rice prices are on the rise

    Vietnam's rice prices are on the rise

    • Last Update: 2021-10-09
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    (People's Daily) With the increase in domestic rice and rice prices , the export price of rice also increased on September 30 , setting a new high in two and a half months
    .
     
    The price of rice with a 5% crushing rate in Vietnam is US$425-430/ton, a new high since mid-July this year
    .
    Rice merchants said that because the government is buying rice from farmers to increase the country's rice reserves, domestic demand for rice is gradually increasing, and rice prices are also increasing
    .
    However, rice exports are still showing a downward trend
    .
     
    In the first nine months of this year, Vietnam’s rice exports fell by 9.
    5% compared to the same period last year, reaching only 4.
    5 million tons
    .
    In September, rice exports are expected to reach 530,000 tons
    .

     
    The price of Indian rice is also showing a downward trend
    .
    The reason for the drop in the export price of Indian rice is the depreciation of the rupee
    .
    The price of rice with a 5% crushing rate in the country has dropped from US$360-365/ton last week to US$358-363/ton
    .
    The export price of Thai rice was US$358-363/ton, compared to US$380-386/ton last week
    .
    (over)

    Rice price export
     
      The price of rice with a 5% crushing rate in Vietnam is US$425-430/ton, a new high since mid-July this year
    .
    Rice merchants said that because the government is buying rice from farmers to increase the country's rice reserves, domestic demand for rice is gradually increasing, and rice prices are also increasing
    .
    However, rice exports are still showing a downward trend
    .
     
      In the first nine months of this year, Vietnam’s rice exports fell by 9.
    5% compared to the same period last year, reaching only 4.
    5 million tons
    .
    In September, rice exports are expected to reach 530,000 tons
    .

     
      The price of Indian rice is also showing a downward trend
    .
    The reason for the drop in the export price of Indian rice is the depreciation of the rupee
    .
    The price of rice with a 5% crushing rate in the country has dropped from US$360-365/ton last week to US$358-363/ton
    .
    The export price of Thai rice was US$358-363/ton, compared to US$380-386/ton last week
    .
    (over)
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.