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Vietnam Rice Export Prices Fall Amid New Crop

By news desk on May 15,2008

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Vietnamese rice export prices continued to fall Thursday as most participants were anticipating the arrival of a new crop while exporters are trying to fulfill outstanding contracts as the government restriction banning private suppliers from signing new export
contracts remains in place.

The indicative spot price of Vietnam's 5% broken was $950 PMT, FOB while 25% rice was quoted at $930 PMT, FOB. These prices are lower by $50 from price indications Wednesday.

 


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