Rice price today June 12, 2022 Rice price stagnates | Rice market information today

rice price today June 12, 2022: Rice price stagnates Raw rice and finished rice prices today in the Mekong Delta provinces stagnated after an upward adjustment session. According to traders, today the amount of rice arriving is small, market rice transactions are slow. Demand for broken rice and bran is stable. The summer-autumn rice market is good, prices have increased slightly. In the world market, Vietnam’s export rice prices remain stable and quite optimistic. Currently, Vietnam’s 5% broken rice export price is stable at 423 USD/ton, 25% broken rice remains at 403 USD/ton and 100% broken rice is stable at 378 USD/ton. In the first 7 days of June, the amount of rice cleared to Africa has a more positive trend when it is nearly half of the amount exported in the whole month of May. The main rice varieties delivered are Dai Thom 8 and OM 18, accounting for nearly 70% of the delivered volume. Meanwhile, exports to the Philippines, China and Malaysia are still sluggish. The Philippines is still the leading country in rice imports. Rice deliveries have fallen sharply again, with the decrease mainly from fragrant rice. In the Philippine market, customers are not interested in buying more, mainly old customers. Meanwhile, in the Chinese market, new transactions are sluggish. Last week, Vietnam cleared goods to Korea under the second winning bid. #giagao #nongnghiep #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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