Rice price – Rice market today April 12, 2022: Rice price decreased by 100 VND/kg, trading was quiet

rice price today April 12, 2022: Rice price decreased by 100 VND/kg, trading was quiet. rice prices today in the Mekong Delta provinces fluctuated in opposite directions when rice prices were stable, while rice prices decreased slightly. The market traded slowly. Last week, rice prices were adjusted down slightly by 50 – 200 VND/kg depending on the type. By-product prices also decreased sharply in many regions. In the world market, Vietnam’s export rice offering prices remained stable. Specifically, 100% broken rice was 355 USD/ton; 5% broken rice and 25% broken rice remained stable at 415 USD/ton and 395 USD/ton; Jasmine rice was stable at 513 – 517 USD/ton. With this price, Vietnam’s rice export price is about 12 – 15 USD/ton higher than at the beginning of the year and about 10 USD/ton higher than at the beginning of March. According to businesses, the market is currently slow, customers have not signed new orders. The reason is that rice prices are still high. “In previous years, the Chinese and Philippine markets often signed large contracts in the middle of the winter-spring crop when rice harvests were high and prices fell. However, this year the price has not decreased, so partners have limited their purchases,” said Mr. Nguyen Van Don – Director of Viet Hung Company Limited. It is forecasted that in the coming time, rice transactions will be more active, rice prices will continue to remain high. #rice_price #fresh_rice_price #nhanong #ir50404 #Fresh_glutinous_rice #Long_An_glutinous_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmer #Farmer_news #Market_prices

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