Rice price today December 15, 2022: Rice price remains stable

rice price today December 15, 2022: Rice price remains stable rice price today in the Mekong Delta remains stable compared to yesterday. The trading market is stable, prices are high. In the export market, export rice prices have stagnated and remained high after a mixed adjustment session. Specifically, according to the Vietnam Food Association, the export price of 5% broken rice is at 453 USD/ton – the highest level in the world. Meanwhile, the price of 25% broken rice is at 428 USD/ton. Forecasting the rice export market in 2023, many businesses believe that the Vietnamese rice industry will maintain a stable export volume, however, the Indian Government’s restriction on rice exports after a period of time will certainly not last and will be adjusted, and when India adjusts its rice export policy, rice prices on the global market will decrease. The winter-spring crop is the crop with the best rice quality of the year, so businesses need to take advantage of buying to boost exports; the summer-autumn crop for IR 50404 rice variety does not have good quality, but for DT8 and OM 5451 rice, exports will be relatively stable. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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