Rice price today May 13, 2022: Low rice quantity, poor rice quality

rice price today May 13, 2022: Low rice volume, poor rice quality Today’s rice price in the Mekong Delta provinces remains stable, the market is trading stably. According to traders, low rice volume, poor rice quality, warehouses are slow to buy. Demand for by-products is high. Currently, Vietnam’s rice industry is gradually reducing the production and export of regular white rice, instead producing high-quality rice. Data from the Ministry of Agriculture and Rural Development shows that high-quality rice has increased from 35 – 40% to 75 – 80% in 2020. Specialty and aromatic rice varieties are increasingly being cultivated, helping to affirm the Vietnamese rice brand in many “difficult” markets. Regarding the rice export situation, in the world market, the current export price of Vietnam’s rice remains stable after an upward adjustment session. Specifically, the price of 100% broken rice is at 368 USD/ton; 5% broken rice is 418 USD/ton; 25% broken rice is 398 USD/ton; Jasmine rice is 518 – 522 USD/ton. The rice export market is forecast to be more vibrant in the middle of the year thanks to demand from markets such as China, Bangladesh, Iran and Sri Lanka. #giagao #nongnghiep #nhanong #mientay. #rice

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