 |
Price of 5% broken rice reaching US$638 per ton, and 25% broken rice US$623 per ton (Photo: nongnghiep.vn) |
Meanwhile, Thailand’s 5% broken rice is sold at US$628 per ton, and that of Pakistan at US$598 a ton.
In the Mekong Delta – the largest rice granary of Vietnam, the price of paddy rice remains at an unprecedented high level in many localities, helping farmers achieve good profits.
In July, the United Nations Food and Agriculture Organisation (FAO)'s rice price index rose to its highest level in nearly 12 years. The move was due to a spike in prices in key rice- exporting countries after India imposed export restrictions.
Recently, the Vietnamese Ministry of Industry and Trade announced the list of 210 businesses that are eligible to export rice.
According to the ministry, in the first seven months of this year, Vietnam exported 4.83 million tons of rice. The country plans to export about 2.67 million tons in the remaining five months of the year.
