Rice price today September 19, 2022: Exciting first session of the week

rice prices today, September 19, 2022: Exciting first session of the week Today’s rice prices in the Mekong Delta continue to remain stable compared to yesterday. India’s move to impose taxes and temporarily suspend broken rice exports is making the Vietnamese rice market more exciting. In the world market, the export rice offering price has increased sharply. Currently, the price of 5% broken rice is at 400 USD/ton, 25% broken rice and 100% broken rice remain stable at 378 USD/ton and 383 USD/ton. In recent days, India’s move to impose taxes and temporarily suspend broken rice exports has caused strong fluctuations in the world rice market, including Vietnam. For a week now, Vietnam’s export rice prices have increased sharply. The increase in export rice prices has caused businesses to buy rice from farmers at higher prices, making the domestic market more exciting. In particular, businesses specializing in exporting broken rice and non-fragrant long grain rice to African and Chinese markets are facing many opportunities to find new customers. Because up to now, Indian rice has been quite competitive with Vietnamese rice in this market segment. In fact, due to the new developments, many Vietnamese rice businesses are stopping selling due to forecasts that prices will increase rapidly in the near future. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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