Poster in May 07, 2024 23:41:40

Vietnam leads the world in exporting rice prices

Vietnam leads the world in exporting rice prices

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The prices of Vietnamese rice in the international market rose by 3-8 USD per tonne last week, helping Vietnam return to the top position in export rice prices, according to the Vietnam Food Association (VFA).

According to the association, the price of 5% broken rice in Vietnam, at 585 USD per tonne, is higher than the same type of Thailand by 3 USD per tonne, and 10 USD per tonne higher than the same product in Pakistan.

For 25% broken rice, Vietnamese product is priced at 555 USD per tonne, 23 USD higher than that of Thailand, and 13 USD higher than that of Pakistan.

Meanwhile, Vietnam’s 100% broken rice price stays stable at 470 USD per tonne but is also higher than that of Thailand and Pakistan by 21 USD and 25 USD per tonne, respectively.

Source: Online/GFMM

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