Rice price today 02/15/2023: China increases reserve purchases, rice prices continue to be high

rice prices today, February 15, 2023: China increases reserve purchases, rice prices continue to be high. rice prices today in the Mekong Delta remain stable with rice varieties. According to traders, today’s rice supply is low, mainly Cambodian rice. The rice market is stagnant, the amount of rice harvested is not much, prices continue to be high. In the world market, the export price of Vietnamese rice today is flat after a downward adjustment session. Currently, the price of 5% broken rice is at 468 USD/ton; 25% broken rice remains at 448 USD/ton. Although rice exports in the first month of the year have decreased, it has been recorded that in many localities in the Mekong Delta, rice prices are increasing every day, about 100-300 VND/kg per day, rice prices also increase by 800-1,000 VND/kg. According to some rice exporting enterprises, the domestic rice market has heated up in the past 2 years due to economic, political and conflict instability. Countries have a greater need for food reserves. India and Pakistan have restricted rice exports, China has stockpiled food due to drought. Opportunities for Vietnamese rice in the market are increasing. Currently, many large rice importing customers of Vietnam such as China, the Philippines, Africa, Europe… are actively purchasing rice for reserves. #rice_price #agriculture #fresh_rice_price #farmers #farming #farmers #ir50404 #Fresh_rice_husk #Long_An_sticky_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmers #Farmer_news #Market_prices

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