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Vietnam Rice Export Prices Steady Wednesday

By news desk on June 25,2008

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Vietnamese rice export prices were steady Wednesday amid quiet trade even as the government, last week, lifted a ban preventing private exporters from signing new deals.

Despite ample supply in the market and limited demand, exporters are unable to reduce their prices as the government has set a minimum price of $800 PMT for rice shipments.

Vietnam's 5% broken was offered steady Wednesday at $800-$850 PMT, FOB.


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