Vietnam Rice Prices Mostly Unchanged; Local Supply Rises
Date: Tuesday, April 03 @ 08:28:15 CDT
Topic: Rice Market Prices
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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