Rice price today December 21, 2022: Rice price has no fluctuations

rice price today December 21, 2022: Rice price has no fluctuations Today’s rice price in the Mekong Delta continues to have no fluctuations. 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, export rice prices have leveled off and remained high after a mixed adjustment session. Specifically, according to the Vietnam Food Association, the offering price of 5% broken rice for export is at 453 USD/ton; 25% broken rice remains at 438 USD/ton. Commenting on the prospects of the rice industry in 2023, Mr. Do Ha Nam – Vice President of the Vietnam Food Association said that Vietnam’s rice exports are expected to be favorable because short-term rice prices remain high due to global economic and political instability, causing increased demand for food purchases. “I think 2023 will continue to be a positive year for rice exporting enterprises. This is completely reasonable because rice is an essential food that every country needs, while the rice supply of many countries is shrinking due to climate change. The proof is that we have signed and will deliver about 30,000 tons of rice in the first quarter of 2023 to markets such as Malaysia, Singapore, and South Korea…” – Mr. Pham Thai Binh – General Director of Trung An High-Tech Agriculture Joint Stock Company shared. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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