Rice price today October 20, 2022: Many orders, high rice price

rice price today October 20, 2022: Many orders, high rice prices today‘s rice price in the Mekong Delta remains stable compared to yesterday. In the fourth quarter, the rice export market has many bright spots, orders increased. According to traders, today the amount of raw rice arriving is low, warehouses are buying slowly, rice prices remain stable. In the world market, the offered price of exported rice remains stable compared to yesterday. According to the Vietnam Food Association, the offered price of 5% broken rice for export is at 428 USD/ton, 25% broken rice is at 408 USD/ton. Many businesses said that the rice market is showing many positive signs when the number of orders is higher. Mr. Pham Thai Binh, Director of Trung An High-Tech Agriculture Joint Stock Company, said that the demand for rice imports in the Asian market increased by 15%, the European market increased by 10%. The main cause is still the impact of the COVID-19 pandemic and the Russia-Ukraine crisis, combined with widespread droughts around the world causing food shortages, which has increased the demand for rice reserves in countries around the world. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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