Rice price today November 25, 2022: High demand, rice price continues to increase

rice price today, November 25, 2022: High demand, rice prices continue to increase. Today’s rice prices in the Mekong Delta continue to increase with rice. The market is bustling, with high demand. According to traders, today the amount of raw rice is stable, warehouses buy quite well, prices fluctuate little compared to yesterday. Demand from warehouses is steady. In the world market, export rice prices have slowed down after an upward adjustment session. According to the Vietnam Food Association, the export price of 5% broken rice is at 438 USD/ton; 25% broken rice is at 418 USD/ton. At this price, Vietnam’s rice prices continue to maintain their leading position in the world. According to rice exporting enterprises, consumption demand is increasing. Due to reduced domestic production, China’s rice imports are expected to increase to a record 6 million tons in the 2022/23 period, according to the USDA. In addition, the increase in trade protectionism of countries around the world to ensure food security since recent geopolitical disputes. In the context of decreasing supply while demand is stable, world rice and Vietnamese rice exports will still have potential to increase in price in 2023. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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