Rice price today April 11, 2023: Rice price increased by 100 VND/kg

Rice price update on April 11, 2023: Rice price increased by 100 VND/kg Today’s rice price in the Mekong Delta has been adjusted up for rice products. Currently, businesses are stepping up to collect goods to help the market become more vibrant. According to traders, today there is little raw rice, the price of rice products has increased slightly. In the world market, the export price of Vietnamese rice today has leveled off and remained unchanged after the upward adjustment session. Accordingly, 5% broken rice is at 473 USD/ton; 25% broken rice is 453 USD/ton. Mr. Nguyen Van Thanh, Director of Phuoc Thanh IV Production – Trading Company Limited, said that the peak harvest season of the Winter-Spring crop has passed, there is not much commercial rice left, the price of rice will increase. Since the beginning of 2023, most rice exporting enterprises have had very low inventories, even some companies have almost run out of inventory. Meanwhile, the Winter-Spring crop is the main crop of the year that produces the best quality rice, so domestic rice trading companies also take advantage of the opportunity to buy and keep their stocks in stock to gradually sell until the Summer-Fall crop, or even until the Fall-Winter crop. This makes the market more bustling. #rice price today #nhanongmientay #giacathitruong

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