Rice price today June 15, 2022 Rice price today | Rice market information today

rice price today June 15, 2022: Rice price remains stable rice price today in the Mekong Delta provinces continues to remain stable after a slight increase yesterday. According to traders today, raw rice is coming in slowly, warehouses are buying sparingly. Demand for bran is quite good. The Summer-Autumn rice market is stable at a high level. Demand for dry rice is better. Vietnam’s export rice prices remain stable and quite optimistic. Currently, Vietnam’s export price of 5% broken rice is stable at 423 USD/ton, 25% broken rice remains at 403 USD/ton and 100% broken rice is stable at 378 USD/ton. The United States Department of Agriculture (USDA) forecasts that global rice production in the 2021/2022 crop year will be higher than before, due to better production in India and Brazil. Global rice imports and exports are forecast to increase due to stronger demand from China and more exports from Myanmar and Brazil. In the first 5 months of 2022, the country exported nearly 2.77 million tons of rice, equivalent to over 1.35 billion USD, with an average price of 489 USD/ton, up 6.6% in volume, but down 4% in turnover and down 9.9% in price compared to the same period in 2021. According to the General Department of Customs, the sharp increase in rice exports in May was mainly due to demand from the Philippines, our country’s largest rice consuming market, up 45.8% in volume and 50.9% in value compared to the previous month, reaching 345,944 tons, worth 167.6 million USD. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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