Từ khóa: #rice prices

In this summer-autumn rice crop, Mekong Delta farmers sowed more than 1.5 million hectares of rice and currently have harvested over 60% of the total area. However, many farmers are extremely anxious because summer-autumn rice has already entered harvest season and is waiting to sell, but traders have not come to buy yet. In An Giang Province, some farmers agreed to reduce rice prices, but traders still dumped their deposits.

Consumer price index (CPI) in August 2020 slightly increased by 0.07 percent compared to the previous month and decreased by 0.12 percent compared to December last year, the lowest levels in the same month in the period from 2016 to 2020.

Entering August, the export prices of rice in Thailand and India both increased. However, Vietnam is the country seeing bright colors in rice exports. According to rice experts, with increasing rice export volume and value, Vietnam will pass Thailand to become the world’s largest rice exporter this year. The current matter is to build and solidify the Vietnamese rice brand in the market.

The Thai government has affirmed that it is still using the market-oriented production principle policy to stabilise the prices of rice according to the mechanism.