Rice price today September 24, 2022: The upward trend continues

rice price today September 24, 2022: The upward trend continues. Today’s rice price in the Mekong Delta continues to increase with rice. Currently, rice prices fluctuate around 8,600 – 9,200 VND/kg. In the world market, the export price of rice 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. According to Vietnamese traders, the rice market is changing positively, the number of customers looking to Vietnam as an alternative source is increasing and the upward trend is still continuing. It is forecasted that if India prolongs the implementation of this tax, Vietnamese rice prices will continue to increase and there will be a reshaping of the new price level. The average export price of rice is still lower than last year and with the current situation, export prices may reach the peak of 2021. Mr. Phan Van Co, Marketing Director of Vrice Company Limited, said that rice exporting enterprises are taking advantage of buying goods to deliver previously signed orders. Regarding new orders, the company is currently suspending signing more contracts for white rice and broken rice due to rising rice prices. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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