Rice price today November 16, 2022: Rice price continues to move sideways

rice price today November 16, 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 rice offering price of 5% broken rice is at 428 USD/ton, 25% broken rice is at 408 USD/ton. In 2022, the Vietnamese rice export market will have many advantages when the traditional rice buyer, the Philippines, has increased imports from 2.9 million tons to 3.4 million tons. The Chinese market also switched from small imports at the beginning of the year to large imports at the end of the year. Some European countries tend to import more rice to replace the wheat supply that has been sharply reduced due to the war between Russia and Ukraine. According to Mr. Nguyen Van Thanh, Director of Phuoc Thanh IV Production and Trading Company Limited, up to this point, rice exporting enterprises have had orders reaching nearly 7 million tons. However, whether exports reach this level or not depends on the supply because currently, the autumn-winter rice in the provinces and cities of the Mekong Delta is not much left, the amount of rice reserves in enterprises is also not large. #giagao #nongnghiep #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole Rice price, retail rice price, currently, market price of rice today, Fresh rice price, fresh rice price, farmers, farmers, agriculture, Western farmers, Dong Thap, Kien Giang, rice, export, fresh rice, Nang Hoa 9, OM rice, summer-autumn rice, winter-spring rice, rice cutting, running in the field, farming, rice fields, rice in the field, market, China, India, Philippines, Thailand, farming, Cambodia, rice, rice field, Mekong Delta, Delta, Mekong, farmer, price rice today November 16, 2022 #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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