Tridge summary
The article reports that rice prices in An Giang province are stable with the price of NL IR 504 rice at 9,300-9,400 VND/kg and finished rice at 10,000-10,100 VND/kg. The Vietnam Food Association reports that the export price for 5% broken rice is $428/ton and 25% broken rice is $408/ton. The Vietnamese rice industry is shifting from low-grade to high-quality rice, leading to strong rice export growth to difficult markets like the US and EU. Trung An company has also signed new orders for exporting 20,000 tons of rice to Korea.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The price of NL IR 504 rice was stable at 9,300 -9,400 VND/kg; finished rice reduced to 10,000-10,100 VND/kg. With plate price 9,700-9,800 VND/kg; dried bran 8,700-8,800 VND/kg. In An Giang market, rice prices are stable. Price of fresh An Giang sticky rice 7,200-7,300 VND/kg; Fresh Long An sticky rice 8,000-8,100 VND/kg; IR 50404 rice 6,400-6,600 VND/kg; OM 18 rice 6,600-6,800 VND/kg; fragrant rice 8 6,700-6,800 VND/kg; Japanese rice 7,800-7,900 VND/kg; Nang Nhe rice is 20,000 VND/kg; Thai squirrel rice 18,000 VND/kg. In the world market, the asking price of rice for export remained stable compared to yesterday. According to the Vietnam Food Association, the asking price for export 5% broken rice is at $428/ton, 25% broken rice is at $408/ton. According to the Institute of Policy and Strategy for Agriculture and Rural Development, the Vietnamese rice industry in recent years has been shifting from low-grade rice to high-quality rice. As a result, rice exports to difficult ...
Source: Vinanet
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