Export prices of many Vietnamese agricultural products peaked

Published 2024년 5월 6일

Tridge summary

Vietnamese rice export prices are increasing and are currently higher than Thai and Pakistani rice of the same quality, making Vietnamese rice the most expensive in the world. The price increase is due to high demand from traditional markets like the Philippines and Indonesia. Despite the effects of drought and climate change, the Ministry of Agriculture and Rural Development aims to reach a rice output of 43 million tons in 2024 to meet both domestic and export demand. Meanwhile, coffee prices have also reached record highs due to intense heat worldwide, but are expected to decrease with the start of Brazil's coffee harvest.

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Original content

Source: thanhnien.vn Vietnamese Rice continues the chapter "Good quality, good price" World rice export prices are increasing again and price order is also being established with the return to the race to win the "throne" of Vietnamese rice . According to the Vietnam Food Association (VFA), as of last week, the price of 5% broken rice exported from Vietnam increased by 5 USD to 585 USD/ton, 3 USD higher than Thai rice of the same quality and higher than Thai rice. Pakistan 10 USD. Compared to Vietnamese rice in the same period last year, it is about 85 USD/ton higher. Vietnam's rice export price is back to the highest level in the world. Some rice export businesses in the Mekong Delta said that rice prices recently increased slightly compared to last month because big customers such as the Philippines and Indonesia continued to buy. Mr. Nguyen Van Don, Director of Viet Hung Co., Ltd. (Tien Giang), said: Because rice prices are high, buyers are very careful. They have the mentality ...

Source: AgroInfo.vn