Rice price today October 22, 2022: rice price remains stable

rice price today October 22, 2022: Rice price remains stable Today’s rice price in the Mekong Delta remains stable compared to yesterday. According to traders, today the amount of raw rice is stable, warehouses are buying sparingly. 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. According to the General Department of Customs, in the first 15 days of October, Vietnam’s rice exports reached 360,848 tons, accumulated from the beginning of the year, Vietnam exported more than 5.7 million tons of rice, of which the Philippines market reached about 2.57 million tons. In the Asian rice market, the quality of Indian rice is affected by heavy rain, slow rice demand. Heavy rains in India’s key rice-producing states have worried traders about the crop in the top exporter, while prices for rice from Thailand fell to their lowest in nearly three months this week on weak demand. Thai 5% broken rice prices fell to $405-$407 a tonne on Thursday, the lowest since late July, from $410-$420 a week ago. Meanwhile, India’s 5% broken parboiled rice prices were unchanged at $374-$382 a tonne, on weak demand and concerns that fresh rains could reduce the quality of the grain in the top exporter. Heavy rains in India have damaged rice crops ahead of harvest in some major producing states. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham #giagaohomnay #giagaole

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