Rice price today October 17, 2022: Rice market is bustling again

rice price today October 17, 2022: Rice market is bustling again rice prices today in the Mekong Delta continue to remain stable. The market is bustling in the first session of the week. 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 438 USD/ton, 25% broken rice is at 418 USD/ton. Many businesses forecast that in the context of the rice market, rice prices are increasing, domestic supply is low and rice prices may be slightly higher in the coming weeks. Preliminary shipping data shows that 265,250 tons of rice will be exported to Ho Chi Minh City between October 1-22; most of the rice is exported to the Philippines, Africa and Bangladesh. Adverse weather conditions have reduced 2022/23 rice production forecasts for China, India and Pakistan. Together, these three countries account for 49% of global rice exports. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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