Rice price today August 25, 2022: finished rice price slightly decreased

rice price today August 25, 2022: Finished rice price slightly decreased. Today’s rice price in the Mekong Delta provinces slightly decreased for finished rice. Dry bran price also continued to decrease slightly. In the world market, the export rice offering price remained stable. Currently, the price of 5% broken rice is at 393 USD/ton; 25% broken rice is 378 USD/ton, 100% broken rice is 383 USD/ton. According to businesses, Vietnam’s rice export output will continue to increase, as demand for rice from the Philippines is increasing, along with the need to import again from China. Since the beginning of 2022, the global food crisis, the consequences of the Covid-19 pandemic, tensions between Russia and Ukraine and disruptions to the global supply chain, have been among the biggest concerns of people around the world. Furthermore, the sharp increase in wheat prices during June 2020 and May 2022 has led to a trend of using some cheaper rice-based foods to replace wheat. As a result, global rice demand has increased sharply in the first half of 2022. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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