Rice price today June 6, 2022: Rice price has not changed

rice prices today, June 6, 2022: Rice prices have not changed. rice prices today, the beginning of the week in the Mekong Delta provinces, continued to stabilize sideways. The trading market held them. Regarding exports, the price of 5% broken rice was offered at 420-425 USD/ton, up from 415-420 USD/ton last week. A trader said: “Traders are increasing grain purchases from farmers to prepare for upcoming contracts.” In May, the volume of exported rice was estimated at 800,000 tons with a value of 386 million USD, bringing the total volume and value of rice exports in the first 5 months of 2022 to 2.86 million tons and 1.39 billion USD, up 10.3% in volume but down 1% in value compared to the same period in 2021. The average export price of rice in the first 4 months of 2022 reached 489 USD/ton, down 10% compared to the same period in 2021. The Philippines is Vietnam’s largest rice consumer market in the first 4 months of 2022 with a 41.9% market share. Rice exports to this market in the first 4 months of 2022 reached 915,500 tons and 422.2 million USD, up 28.3% in volume and 11% in value over the same period in 2021. In the first 4 months of 2022, the market with the strongest increase in rice export value was the United States, up 62.6%. On the contrary, the market with the strongest decrease in rice export value was Ghana, down 39.2%. #rice price #agriculture #nhanong #mientay #rice #nguyenlieu #thanhpham

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