Rice price today October 15, 2022: Export rice price increased by 10 USD/ton, the market is bustling

rice price today October 15, 2022: Export rice price increased by 10 USD/ton, the market is bustling. Today’s rice price in the Mekong Delta remains stable. In the world market, the export rice offering price remains stable compared to yesterday. According to the Vietnam Food Association, the export rice offering price of 5% broken rice is at 438 USD/ton, up 10 USD/ton, 25% broken rice is at 418 USD/ton, up 10 USD/ton. Mr. Nguyen Van Don – Director of Viet Hung Limited Liability Company (LLC) said that China is currently increasing imports of fragrant and sticky rice from Vietnam, and the Philippines will also increase rice purchases in the fourth quarter, with a volume of about 200,000 tons/month. It is forecasted that in the last 3 months of the year, the Philippines will continue to import rice, with an average imported rice volume of about 200,000 tons/month. In 2021, the Philippines also imported a volume equivalent to 200,000 tons/month. Predicting the development of the rice market in the fourth quarter, Mr. Nguyen Van Don said that the demand for rice imports from other countries is there, especially in the two key markets of the Philippines and China, so the export price of Vietnamese rice will remain high until the autumn-winter harvest and even the winter-spring crop. Currently, the export price of rice has increased but is still lower than the export price of rice in 2021. #giagao #nongnghiep #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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