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Vietnam's exported rice prices are currently the highest globally

Prices of Vietnam’s exported rice are still the highest in the world, with that of 5% broken rice reaching 638 USD per tonne, and 25% broken rice at 623 USD per tonne, according to the Vietnam Food Association.


Prices of Vietnam’s exported rice are still the highest in the world
Prices of Vietnam’s exported rice are still the highest in the world

Prices of Vietnam’s exported rice are still the highest in the world, with that of 5% broken rice reaching 638 USD per tonne, and 25% broken rice at 623 USD per tonne, according to the Vietnam Food Association.

Meanwhile, Thailand’s 5% broken rice is sold at 628 USD per tonne, and that of Pakistan at 598 USD a tonne.


In the Mekong Delta – the largest rice granary in Vietnam, the price of paddy rice remains at an unprecedented high level in many localities, helping farmers achieve good profits.


In July, the United Nations Food and Agriculture Organisation (FAO)'s rice price index rose to its highest level in nearly 12 years. The move was due to a spike in prices in key rice-exporting countries after India imposed export restrictions.


Recently, the Vietnamese Ministry of Industry and Trade announced the list of 210 businesses that are eligible to export rice.


According to the ministry, in the first seven months of this year, Vietnam exported 4.83 million tonnes of rice. The country plans to export about 2.67 million tonnes in the remaining five months of the year.


(VNA)



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