Rice price today 09/09/2022: Rice price remains stable | Information on rice market prices today

rice price today 09/09/2022: Rice price remains unchanged. rice price today in the domestic market continues to stagnate and tends to remain unchanged after a downward adjustment session. The decline in rice supply while the high demand makes the market more vibrant. In the world market, the export rice offering price continues to remain unchanged. Currently, the price of 5% broken rice is at 393 USD/ton; 25% broken rice is 378 USD/ton, 100% broken rice is 383 USD/ton. Currently, the rice supply in many countries around the world is decreasing. Indonesia’s agriculture ministry said rice production from January to August was 49.82 million tonnes, down 5 million tonnes from a target of 54.89 million tonnes for 2022. Pakistan, the world’s fourth-largest rice exporter, suffered major agricultural losses, including rice, as floods devastated large swaths of its farmland, while extreme heat in parts of China in late August damaged rice output in the world’s biggest importer. Pakistan is forecast to lose about 10% of its estimated 8.7 million tonnes of rice in 2022. Food prices have soared in markets across Pakistan as devastating rains have damaged crops and disrupted supplies, an early sign that the worst floods in decades are creating food shortages at a time of financial crisis. In addition, strong demand from Bangladesh has supported rice prices in recent weeks. Bangladesh plans to import about 1.2 million tons of rice in the next few months to build up reserves and cool down high domestic prices… This is a great opportunity for Vietnam to boost rice exports to these markets in the coming time. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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