Rice price today November 15, 2022: Rice price continues to move sideways

rice price today November 15, 2022: Rice price continues to move sideways Today’s rice price in the Mekong Delta has not fluctuated compared to yesterday. According to traders, today the amount of raw rice imported is low, warehouses are stable, rice prices continue to increase. In the world market, the export rice offering price remains stable compared to yesterday. According to the Vietnam Food Association, the export price of 5% broken rice is at 428 USD/ton, 25% broken rice is at 408 USD/ton. Traders said that rice prices are likely to remain at this level or even increase slightly in the coming weeks, as demand is usually higher at the end of the year, while global food supplies are unstable due to the conflict in Ukraine. Vietnam’s rice exports have shown positive signs when the export turnover in October 2022 increased by 22.3% compared to the previous month, to 713,546 tons. Vietnamese rice prices held steady at a yearly high as traders forecast increased end-of-season demand, while prices from other rice granaries remained unchanged due to lack of new orders. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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