Rice price today 07/14/2022: Rice price remains stable | Information on rice market prices today

rice price today 07/14/2022: Rice price remains stable | Information on rice market prices today rice prices today in the Mekong Delta provinces have leveled off after a mixed adjustment session. According to businesses, the amount of raw rice has increased, warehouses are buying sporadically, selecting rice. The demand for broken rice is quite good. For Vietnamese rice, the current export price of rice remains stable compared to yesterday. Currently, the export price of 5% broken rice from Vietnam is stable at 418 USD/ton, 100% broken rice is 383 USD/ton, 25% broken rice remains at 403 USD/ton. Along with the sharp increase in input costs (such as fertilizer), world rice prices continued to increase in the first 5 months of 2022 after increasing sharply in the period of August 2020 and December 2021. Although global rice prices adjusted down in June 2022; However, for Vietnam (the world’s third largest rice exporter), the average rice export price has moved in the opposite direction to global prices. In June 2022, Vietnam’s rice export price was 493 USD/ton – up 2.3% over the previous month. In the first half of the year, Vietnam’s cumulative rice export output and value reached 3.5 million tons (up 16% over the same period) and 1.6 billion USD, up 6%, respectively. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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