rice price today, July 27, 2022: 5% broken rice price decreased by 5 USD/ton. Today’s rice price in the Mekong Delta provinces stagnated and remained stable while the export rice price was adjusted down by 5 USD/ton. Today, raw rice arrived in large quantities, warehouses asked to buy more. The market is more prosperous. Currently, the world’s rice inventory is at a high level, causing rice prices to be relatively low compared to other essential food items. Chairman of the Vietnam Food Association Nguyen Ngoc Nam said that Vietnamese rice enterprises should focus on producing fragrant rice and high-quality rice products for export to demanding markets because the room in these markets is very large. Along with that, it is necessary to build a brand because the same quality of rice but a good brand can be sold at a price 10-20% higher. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham
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