Vietnam Rice Prices Lower Tuesday

As local farmers prepare to start the new harvesting season, Vietnamese rice export prices ended mostly lower in the week to Tuesday.

prices for high-quality 5% broken rice at $303 PMT, FOB down from $307 PMT, FOB last week, and 25% broken grade at $285 PMT, FOB down from $290 PMT, FOB a week ago.
 
In June, Vietnam is expected to export 450,000 MT of rice valued at $143 million, down 10.5% on year in volume but up 5.1% in value.