Vietnamese rice export prices were mostly unchanged in the
week to Tuesday, while local supply continues to rise.
The farmers have completed harvesting in half of the rice-growing areas
in the region. The entire region is expected to be done by end-April.
The Ministry of Agriculture said that so far this year Vietnamese companies
have signed contracts to export 3 million MT of rice, of a total
target of 4 million-4.5 million MT set for this year.
In Ho Chi Minh City and the Mekong Delta region, traders quoted indicative
prices for high-quality 5% broken rice at $305 PMT and 25% broken grade at
$285 PMT, both were unchanged compared with last week.
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