May 18, 2025 | 06:59 GMT +7
Hotline: 0913.378.918
May 18, 2025 | 06:59 GMT +7
Hotline: 0913.378.918
5% broken rice in Vietnam. Photo: TL
According to data on Oryza, on May 18, Vietnam’s price of 5% broken rice was offered at US$ 493 per ton. This price has been holding steady for the past several days.
Also on May 18, Thailand's price of 5% broken rice was US$ 453 per ton, fell by U$ 3 per ton from the previous day.
Thus, Vietnam’s export price of 5% broken rice is currently US$ 40 per ton higher than Thailand's rice of the same type and much higher than Pakistan's (US$ 438 per ton) and India's (US$ 388 per ton).
The price of Indian rice, which is already low compared to major exporting countries, is on a downward trend due to increased supply as the Government of this country releases stockpiles to help the poor overcome difficulties caused by the Covid-19 pandemic.
Previously, Mr. Le Thanh Tung - Deputy Director of the Department of Crop Production (the Ministry of Agriculture and Rural Development) also said "Rice price in the last 10 years has never been high like this".
The reason for the increase in rice prices is that the demand for rice stocks of importing countries increases due to the complicated developments of the Covid-19 epidemic. Meanwhile, rice production of some other rice exporting countries such as Thailand decreased due to the effects of climate change. Demand is high, while the world supply of rice is not much.
Translated by Ha Phuc
(VAN) In the face of counterfeit and imitation products, Khanh Hoa Salanganes Nest Company hopes for the prompt completion of the legal framework, strict enforcement against violations, and protection of the bird’s nest brand.
(VAN) Japan's efforts to lower the price of rice through the release of its stockpile may finally be making some progress, albeit at a snail's pace.
(VAN) U.S. tariffs are not only a 'shock', but also an opportunity for Vietnamese businesses to renew their mindset toward comprehensive development.
(VAN) As Bac Giang lychee enters the harvest season, Minister Do Duc Duy expects that the fruit will contribute greatly to agricultural exports due to standardized production and deep processing.
(VAN) Consumers have shown a preference for free-range eggs, but those farming systems are more vulnerable to biosecurity risks like bird flu.
/2025/05/09/5701-1-184335_301.jpg)
(VAN) Vietnam’s eel exports nearly doubled thanks to a mud-free farming model, opening up new prospects while still facing numerous barriers related to international standards.
(VAN) Minister Do Duc Duy warned that if production is not professionalized and supply chains are not transparent, the U.S. market could become a growth bottleneck.
