Rice price today 10/08/2022: Rice price is stable

rice price today October 8, 2022: Stable rice price today‘s rice price in the Mekong Delta continues to have no fluctuations. Factory transactions are sporadic, warehouses for finished rice purchase prices are stable. Today’s export rice price, the asking price for 5% broken rice is at 428 USD/ton, 25% broken rice is at 408 USD/ton. Meanwhile, the price of the same type of rice from Thailand is adjusted down 2 USD/ton to 420 USD/ton for 5% broken rice and 404 USD/ton for 25% broken rice. Mr. Nguyen Van Don – Director of Viet Hung Limited Liability Company (LLC) said that the Philippines previously planned to import rice in December, when the crop season in this country ended, but now due to the storm and flood situation that severely damaged key agricultural areas, the government of this country is considering importing more rice to meet domestic consumption and national reserves. “They will most likely implement it in late October or early November, one month earlier than expected. At this time, the 2022 Autumn-Winter rice crop in the Mekong Delta is being harvested, which will help the output of Autumn-Winter rice be more favorable in terms of price,” Mr. Nguyen Van Don informed. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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