Rice price today July 15, 2022: OM5451 rice price slightly decreased | Information on rice market prices today

rice price today July 15, 2022: OM5451 rice price slightly decreased. Today’s rice price in the Mekong Delta provinces slightly decreased with OM5451. Raw rice sources are abundant. Harvesting progress and rice quality are affected by rain. In the world market, Vietnam’s export rice offering price remains stable while Thai rice prices are continuously adjusted down. Specifically, the current export price of 5% broken rice from Vietnam is stable at 418 USD/ton, 9 USD/ton higher than the same type of Thai rice; 25% broken rice is at 403 USD/ton, 2 USD/ton higher than Thai rice; 100% broken rice remains at 383 USD/ton. Compared to Pakistani and Indian rice, Vietnam’s export rice prices are “far ahead” in terms of distance, in which, Vietnam’s 5% broken rice is 30 USD/ton higher than Pakistani rice, 75 USD/ton higher than Indian rice; Vietnam’s 25% broken rice is 35 USD/ton higher than Pakistani rice, 75 USD/ton higher than Indian rice; Vietnam’s 100% broken rice is 17 USD/ton higher than Pakistani rice, 55 USD/ton higher than Indian rice. According to the report of the Ministry of Agriculture and Rural Development, in the 2022 Summer-Autumn crop, the entire Southern region planted 1.57 million hectares of rice, a decrease of 20,000 hectares compared to the previous summer-autumn crop. Of which, the Mekong Delta planted nearly 1.5 million hectares, a decrease of 156,000 hectares; the Southeast region planted 82,000 hectares, a decrease of 3,600 hectares. According to plan, the 2022 Autumn-Winter crop in the Mekong Delta will sow 700,000 hectares, a decrease of 3,500 hectares over the same period; The expected output is about 4 million tons, an increase of 17,000 tons compared to autumn-winter 2021. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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