Rice price today December 13, 2022: Demand increases, rice prices continue to be high

rice price today December 13, 2022: Demand increases, rice prices continue to be high rice prices today in the Mekong Delta remain stable. Rice prices continue to be high in the context of increasing rice demand. Trading in Om 18 rice is quiet, factories proactively offer to sell to warehouses at slightly lower prices, Om 18 rice remains stable. Finished rice Om 5451 depending on quality, factories offer a lot, the price increases to about 10,600 – 10,700 VND/kg. In the export market, export rice prices have stagnated and tend to move sideways after the upward adjustment session. According to the Vietnam Food Association, the offered price of 5% broken rice for export is at 448 USD/ton; 25% broken rice is at 433 USD/ton. According to businesses, the demand for rice is increasing sharply in Asian countries in the second half of 2022. The reason is that climate change creates many extreme weather patterns, affecting agricultural production in many countries. Typically, the Indonesian government has agreed to urgently import 200,000 tons of rice in the remaining time of December 2022. This is part of the government’s plan to import up to 500,000 tons of rice to ensure food supply and reserves to deal with inflation. Besides Indonesia, the Bangladesh government also opened an international bid to buy 50,000 tons of rice to serve domestic consumption needs. The deadline for receiving bids is December 21. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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