Rice price today August 18, 2021: Cambodian businesses are “pumped” with money to buy rice for farmers

Today’s rice prices in the Mekong Delta provinces remained stable after falling for two consecutive days. The trading market is still slow due to many localities tightening circulation. A rice exporter in Long An said that this business is asking to stop option 3 on the spot due to high operating costs and workers’ unwillingness to work for fear of the epidemic. Therefore, businesses only buy rice in moderation, and almost do not buy sticky rice because they have not found an outlet. This is also the reason why Long An sticky rice is low. In other localities, according to traders, circulation is still tight and many traders have abandoned their deposits due to slow purchases at warehouses, leading to a drop in rice prices. Meanwhile, in the face of the difficult situation of the epidemic, businesses operating in the field of rice processing and export in Cambodia have been given loans to increase purchases of rice from farmers in the ongoing Summer-Autumn harvest to support Cambodian rice growers who have suffered losses due to falling prices and narrowed output in recent months. In the first 7 months of 2021, Cambodia exported 309,865 tons of rice and 2,008,241 tons of paddy with a total value of 726.94 million USD, down 27.3% compared to 2020. However, the amount of Cambodian rice sold to Vietnam increased by 81% over the same period last year. China is still Cambodia’s largest rice export market with nearly 154,000 tons./. *********************************************** Thank you everyone for taking the time to watch the channel’s videos. Remember to like and subscribe to the channel to support Nha Nong Mien Tay, everyone! ==================== Youtube channel provides information on products, prices, care techniques, and farming techniques of Nong Dan Mien Tay. Follow the Western Farmers channel: Follow the Farmers’ News channel: Follow the Western Agricultural Market Prices channel: Facebook Group: #rice_price #fresh_rice_price #ir50404 #Fresh_sticky_rice #Long_An_sticky_rice #OM9577 #OM9582 #OM5451 #NangHoa9 #OM6976 #OM18 #Japanese_rice #Western_Farmers #Farmer’s_News #Western_Agricultural_Market_Prices

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