Vietnam's export rice prices increase thanks to the reopening of trade with China

The article reports on the current state of the Asian rice market, with a focus on Vietnam's export rice prices, which have seen an increase due to the reopening of trade routes with China and the ongoing Ukraine crisis. The price of Thailand's 5% broken rice also experienced a slight increase. In contrast, India's 5% broken parboiled rice price remained unchanged despite improved demand. The article also highlights the impact of the Ukraine crisis on transportation costs and the situation of green coffee beans in the Central Highlands provinces of Vietnam.

Furthermore, the article covers the dynamics of the US agricultural market, mentioning the fluctuations in prices at the Chicago Mercantile Exchange for corn, wheat, and soybean, and the USDA's reported sales of soybeans to China and Mexico.

Lastly, the article provides an overview of the global coffee market, detailing the price increases for Robusta and Arabica coffee at the end of the week, alongside green coffee export numbers from Brazil and Colombia, attributing the rise in exports to market prices and the ongoing crisis in Ukraine.