Rice price – Rice market information today March 1, 2022: Stable rice market

rice price today March 1, 2022: Stable rice market Rice price market in the Mekong Delta provinces continues to be stable, traders go to buy rice sporadically, new rice transactions are few. In some localities, traders buy OM18 rice at 5,500 VND/kg. Meanwhile, the amount of raw rice is low, warehouses buy a lot, factories offer slightly increased prices. Winter-spring rice prices this year in many provinces of the Mekong Delta are continuing to decrease. According to many rice growers, this will greatly affect profits. Because the cost of rice grains this year is high due to the high cost of many materials, fertilizers… in the crop. According to agricultural experts, the reason for the decrease in rice prices is that many localities in the region have a large harvest, increasing supply. Meanwhile, many rice exporting countries in the world are also in the rice harvest season, supply is higher than demand, so the export price of rice cannot increase. According to experts’ forecasts, it is likely that rice prices in 2022 will be difficult to reach high levels because many rice exporting countries will increase exports. Typically, Thailand is expected to export 7 million tons of rice in 2022, an increase of 14.8% compared to 2021. ==================== Western Farmer Channel Updates Fresh Rice Prices in the Western Provinces, An Giang (detailed prices are on the screen for farmers to easily follow). Remember to subscribe to the channel to update rice prices as soon as possible. Western Farmer Channel will regularly update rice prices for farmers to follow, avoiding being forced to lower prices by traders. *********************************************** Thank you for taking the time to watch the channel’s videos. Remember to like and subscribe to the channel to support Western Farmer! ==================== Youtube channel provides information on products, prices, care techniques, and farming techniques of Western Farmer. Follow the Western Farmers channel: Follow the Farmers’ News channel: Follow the Western Agricultural Market Prices channel: Facebook Group: #rice_price #nongnghiep #fresh_rice_price #nhanong #ir50404 #Fresh_sticky_rice #Long_An_sticky_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmers #Farmer’s_News #Market_Prices

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