September 19, 2024 | 16:55 GMT +7
September 19, 2024 | 16:55 GMT +7
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The rice market on September 18 is seeing mixed fluctuations, with a slight rise in rice prices but varying changes in paddy prices.
Paddy prices today are moving in opposite directions. New paddy transactions in An Giang and Hau Giang are limited, with a slight increase in prices. In Hau Giang, Autumn-Winter paddy buying prices are relatively stable, and transactions remain steady. Meanwhile, in Can Tho, prices are firm, though new paddy transactions are slow.
Meanwhile, rice prices have seen a slight increase today. In An Giang, supply is low, and warehouse purchasing is stable. In Lap Vo, prices are relatively unchanged with a decent supply. At An Cu (Soc Trang), warehouses are buying steadily, with good-quality rice and stable prices.
On the export market, the price of 100% broken rice is at $ 455/ton (up $ USD); 5% broken standard rice is priced at $ 565/ton (up $ 2). Meanwhile, 25% broken rice is priced at $ 535/ton (up $ 2).
Thus, domestic rice prices on 09/18/2024, are showing mixed movements compared to yesterday.
On September 17, the National Innovation Center (under the Ministry of Planning and Investment) in collaboration with the Vietnamese Australian Scholars and Experts Association (VASEA) organized a workshop titled "Promoting Green Innovation in Agriculture through Market Mechanisms."
Economic, policy, and sustainable development experts from the Australian National University presented at the workshop to highlight the opportunities and challenges of promoting low-emission rice production through market mechanisms.
According to Associate Professor Dr. Chu Hoang Long, in general, rice producers must bear the costs of reducing greenhouse gas emissions. To encourage emission reduction efforts, rice producers need to be compensated economically.
“The process of monitoring, verification, and reporting (MRV) is crucial for implementing market mechanisms. Some production groups have reported that they have applied input-efficient techniques, but in reality, the costs are higher,” said Associate Professor Dr. Long.
Agreeing with Associate Professor Dr Long, expert Nguyen Thi Hai further explained that participation in carbon projects requires farmers to adopt more advanced farming techniques compared to traditional methods. However, this not only helps reduce methane emissions but also brings other benefits, such as reducing water usage, lowering production costs, and increasing productivity.
Moreover, by committing to low-emission rice farming, farmers can access training and resources, contributing to the long-term sustainability of agricultural land.
$ 1 = VND 24.440 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Coffee prices on 09/18/2024, have surged significantly. Domestic coffee prices saw only a slight increase of VND 400, reaching VND 123,300 - 123,800/kg.
(VAN) Pepper prices on 09/18/2024 dropped by up to VND 3,000 in some regions. Currently, domestic pepper prices are trading around VND 152,000 - 155,000/kg.
(VAN) Coffee prices on 09/17/2024, have reversed, decreasing globally. Domestic coffee prices have dropped by VND 500 reaching VND 123,000 - 123,500/kg.
(VAN) Pepper prices on 09/17/2024, decreased slightly by VND 1,000 in Dak Lak and Dak Nong. Domestic pepper prices are at VND 152,000 - 155,000/kg.
(VAN) Pepper prices on 09/16/2024, remain stable Currently, domestic pepper prices are trading around the range of VND 152,000 - 156,000/kg.
(VAN) Rice prices on 09/16/2024, have not shown any new changes for both paddy and rice. In terms of exports, the price of Vietnamese rice remains stable.