Market information Rice price today January 12, 2022: Winter-Spring rice price drops due to slow purchasing power

rice prices today, January 12, 2022: Winter-Spring rice prices fell again due to slow purchasing power. rice prices today in the Mekong Delta provinces turned slightly down with some rice varieties. Winter-Spring rice prices fell again due to slow purchasing power, and the amount of Autumn-Winter rice is still low. Regarding the source of Autumn-Winter rice, according to traders, the source of fresh rice is still quite low, mainly traders buy dry rice. According to traders, today the rice supply is coming in slowly, warehouses are asking to buy slowly, mainly market rice warehouses buy IR 50404 and OM 5451 raw rice. In general, the source of raw rice tends to decrease, the market is trading gloomy compared to the beginning of the week. In the world market, Vietnam’s export rice offering price has a slight adjustment of 5 USD/ton for 5% broken rice, down to 393-397 USD/ton. Meanwhile, 25% broken rice was stable at 378-382 USD/ton; 100% broken rice remained unchanged and stable at 328-332 USD/ton; Jasmine also maintained its price at 568-572 USD/ton. #rice #nhanong #mientay

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