Vietnam’s rice export price surpasses Thailand

Source: Pano feed

The price was US$15 per tonne higher than last week, up US$30 per tonne compared to last month and down US$5 per tonne against the same period last year.


(VOV) – According to Oryza Global Rice Prices, Vietnam’s 5% broken rice was sold at US$425 per tonne in the world market last week while Thai rice was traded at just US$395 per tonne.


Meanwhile, Thai rice was traded at US$395 per tonne, down US$155 per tonne against last year’s period.


The sharp price hike in Vietnamese rice is attributed to Vietnamese businesses recently securing contracts to export 500,000 tonnes of rice to the Philippines.


According to the Vietnam Food Association (VFA), the paddy price in the Mekong River Delta ranged from VND5,600-5,700 while long grain rice was sold at VND5,800-5,900 per kilo, VND250 per kilo higher than last week.




Đăng ký: VietNam News