Rice price today October 27, 2022: Rice price continues to increase

rice price today October 27, 2022: Rice price continues to increase rice price today in the Mekong Delta continues to increase. According to traders, today the amount of raw rice is stable, the quality of rice is good, the price is high. Rice trading is stable. The factory offers a high price for newly harvested OM 18 finished rice. In the world market, the export rice price remains stable compared to yesterday. According to the Vietnam Food Association, the export price of 5% broken rice is at 428 USD/ton, 25% broken rice is at 408 USD/ton. At this price, the price of 5% broken rice in Vietnam is 48-51 USD/ton higher than the price of the same type of rice in India and 18-27 USD/ton in Thailand. Notably, traders in the industry predict that Vietnam’s rice export price will continue to increase in the short term. According to statistics, the volume of rice exported in October 2022 is estimated at 700 thousand tons, worth 334 million USD. It is estimated that by the end of October, the volume and value of rice exports in the first 10 months of 2022 will reach 6.07 million tons and 2.94 billion USD, respectively, up 17.2% in volume and 7.4% in value over the same period last year. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

source