Rice price today 12/22/22: Rice price slightly decreased

rice price today December 22, 2022: Rice price slightly decreased Today’s rice price in the Mekong Delta slightly decreased compared to yesterday. In the export market, 5% broken rice continued to increase by 5 USD/ton. According to traders, today the amount of raw rice is low, warehouses are slow to buy, and market rice transactions are stable. In the export market, the export price of 5% broken rice continues to increase. Specifically, according to the Vietnam Food Association, the offering price of 5% broken rice for export is at 458 USD/ton, an increase of 5 USD/ton. Meanwhile, 25% broken rice remains at 438 USD/ton. According to rice exporting enterprises, the quality and food safety of Vietnamese rice are improving day by day, so it is chosen by many high-end markets in the world; major rice importing countries including China, Africa and Southeast Asia such as the Philippines, Indonesia… are having a great demand to buy Vietnamese rice. In particular, the Philippine market prefers to buy rice varieties such as DT8, OM18 and OM5451, because in addition to quality and food safety, Vietnamese rice, due to its seasonal nature, always ensures freshness. At the end of the year, many countries have a need to import, but because the USD/VND exchange rate increased by approximately 25,000 VND, they did not dare to buy for fear of losses, leading to a shortage of rice to serve the Lunar New Year. However, the USD/VND exchange rate is currently below 24,000 VND, combined with the import market demand from the end of 2022, which will be a factor pushing the price of winter-spring rice in 2022-2023 higher than in the previous winter-spring crop. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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