Vietnamese rice exports break price record
15:52 | 09/03/2021
Vietnamese rice exporters are seeing buoyant prospects this year
According to statistics published by the Vietnam Food Association (VFA), the Vietnamese rice fetches is $513-517 per tonne of 5 per cent broken rice, $488-492 per tonne of 25 per cent of broken rice. Jasmine rice costs $513-567 per tonne.
In general, the price of Vietnamese rice is $5-7 per tonne higher than products from Thailand ($508-512 per tonne for 5 per cent-broken rice) and much higher than rice from India and Pakistan.
The price of 5 per cent-broken rice is forecast to remain over $500 per tonne by the end of the winter-spring crop of 2020-2021.