Rice price update on April 15, 2023: Rice prices continue to be stable. Today’s rice prices in the Mekong Delta continue to be stable and sideways. In the world market, Vietnam’s export rice prices today stagnated and remained sideways after an upward adjustment session. Accordingly, 5% broken rice is at 473 USD/ton; 25% broken rice is 453 USD/ton. In the Asian rice market, rice prices increased in leading exporting countries. In Bangladesh, domestic rice prices increased. After officially announcing the import of 2 million tons of national rice reserves in 2023, the Indonesian Government has granted an import license to the National Logistics Agency (Bulog Group) to implement rice reserve purchases this year. According to rice exporting enterprises, there is nothing to doubt in terms of supply capacity and delivery ability of Vietnamese enterprises. Among them, the top unit is the Southern Food Corporation – Joint Stock Company (Vinafood 2), they are a very experienced enterprise in G2G contracts with Indonesia. It is known that, before the signal of increasing rice imports from key markets such as Indonesia, Philippines… The Import-Export Department – Ministry of Industry and Trade recommends that rice export traders proactively monitor the market situation closely, fully assess opportunities as well as risks to develop transaction plans, sign contracts with appropriate prices, ensure effective export business and contribute to consuming all rice and commodity rice for farmers at profitable prices. #rice price today #nhanongmientay #giacathitruong
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