On-the-Ground Updates

The price of Vietnam's 5% broken rice rose up to $5 MT WoW.

Rice
Vietnam
Price
Catie Bui
Published Mar 23, 2022
The price of Vietnam's 5% broken rice was offered for sale at $415-420 MT, up to $5 MT from last week's level. This is the highest level in the past three months. However, the traders are hesitant to sign large contracts because the Ukraine-Russia crisis broke out, causing the cost of international freight to increase significantly.

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