Rice price today September 25, 2022: Weekend price remains stable

rice prices today, September 25, 2022: Weekend prices remain stable. Today’s rice prices in the Mekong Delta provinces remain stable. Over the past week, rice prices in the Mekong Delta provinces have continuously increased. Over the past week, rice prices in the Mekong Delta provinces have continuously increased. Of which, the strongest increase was in glutinous rice with an increase of 1,100 – 1,300 VND. Similarly, raw rice and finished product prices also increased by 200 – 400 VND/kg. The trading market is bustling. 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. According to Mr. Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, with increasing market demand, Vietnam’s rice exports have improved since the beginning of the year and have continued to do so until now. In particular, recently, India – the leading rice exporting country (accounting for 40% of global commercial rice output) issued a decision to ban the export of broken rice and impose a 20% tax on other rice products, which has had a huge impact on the market. According to Mr. Nam, with the “hoarding” action of the two giants in rice exports, it is forecasted that export rice prices will increase in the last months of the year. #rice price #agriculture #nhanong #mientay #rice #gaonguyenlieu #gaothanhpham

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