Rice price today August 3, 2022: Rice price continues to move sideways | Information on rice market prices today

rice price today August 3, 2022: Rice price continues to move sideways. rice price today in the Mekong Delta provinces continues to remain stable. According to traders, the amount of raw rice imported is large, warehouses are choosing stable trading surfaces. Factories offer OM 18 rice with a slight increase, rice transactions increase slightly. In the world market, Vietnam’s export rice prices remain stable after a downward adjustment session. Currently, the price of 5% broken rice has decreased to 413 USD/ton; 25% broken rice is 393 USD/ton; 100% broken rice is 383 USD/ton. Regarding exports, in the past week, rice export prices from Thailand and Vietnam have both decreased due to increased supply, while the strong USD has limited rice imports into Bangladesh, a country that is suffering from floods. Bangladesh has started importing rice from neighboring India after the government allowed traders to import 1 million tonnes of rice and cut import duties after floods damaged crops. Although Bangladesh is the world’s third-largest rice producer, the country regularly imports the grain to cope with shortages caused by natural disasters such as cyclones and floods. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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