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Vietnam Rice Export Prices Lower Wednesday

By news desk on July 09,2008

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Vietnamese rice export prices were offered lower on ample supply of exportable material as farmers harvest a major crop.

Vietnam's 5% broken was offered lower Wednesday at $740 PMT, FOB. This price is lower by up to $60 PMT from prices offered Friday.

Prices are likely to fall further next week as higher export supply amid thin trade could exert pressure on the market.


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