Vietnamese rice steadily advances amidst global market turbulence.

According to a report by Viet Nam News Agency, as one of the world's major rice exporters, the Vietnamese market has also been affected by the aforementioned dynamics. The concern raised by the current situation is: under numerous adverse factors, will Vietnam be able to meet its rice export target this year? Will domestic and international prices be impacted in the fourth quarter of this year? According to statistics from the Vietnam Customs, as of September 15, Vietnam has cumulatively exported 6.6 million tons of rice, with an export volume increase of 1.5% year-on-year; however, the export value is only about 3.4 billion USD, a decrease of 17% year-on-year. The Vietnam Food Association pointed out that currently, rice export prices remain stable, with 5% broken rice priced at 440 to 465 USD per ton, and jasmine rice priced between 496 to 500 USD per ton. Meanwhile, in the domestic market, due to a tight supply, rice prices have generally risen, with an increase of 90 to 164 ...