Rice price – Rice market information today April 23, 2022: Raw rice price increased by 200 VND/kg

rice price today April 23, 2022: Raw rice price increased by 200 VND/kg rice price today in the Mekong Delta provinces adjusted in opposite directions when rice price was stable, while raw rice and finished product prices increased by 200 VND/kg. The trading market was stable. Today, the amount of raw rice imported was less, prices were stable. By-product prices increased sharply, the market was more active. About 90% of the winter-spring rice area has been harvested, many localities have harvested all and planted the summer-autumn crop. However, this year’s summer-autumn crop has been cultivated less due to high production costs. According to the Ministry of Agriculture, as of April 19, Kien Giang province has completed harvesting 100% of the winter-spring rice area, with an estimated average yield of 7.3 tons/ha. In the export market, Vietnam’s export rice offering price is stable. Specifically, the price of 100% broken rice is at 360 USD/ton. Specifically, 5% broken rice is 415 USD/ton; 25% broken rice is 395 USD/ton; Jasmine rice is stable at 513 – 517 USD/ton. Mr. Nguyen Van Thanh – Director of Phuoc Thanh IV Production and Trading Company Limited (Vinh Long) said that the enterprise is currently facing many difficulties and does not dare to accept new orders. The reason is that due to high transportation costs, it is difficult for enterprises to negotiate with customers if delivering FOB goods, on the contrary, if delivering CIF goods, they have to increase prices. In the Philippine market, 5% broken rice is being purchased at 420 – 430 USD/ton; long grain rice such as Dai Thom 8/ OM18 is 480 – 500 USD/ton. Currently, the demand in this market is slowing down due to the tightening of quotas. The Government will only start bidding in May 2022. For the African market, many customers are asking to buy but the price is not 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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