HANOI: Prices of the Vietnamese rice within the world market rose by US$3 to US$8 per ton final week, serving to the Southeast Asian nation return to the top position in phrases of export rice prices, Xinhua quoted the Vietnam News Agency report Monday, citing the Vietnam Food Association.
The value for Vietnam’s 5 per cent damaged rice, at US$585 per ton, is larger than the identical kind of Thailand by US$3 per ton, and US$10 per ton larger than the identical product of Pakistan, mentioned the affiliation.
The Vietnam’s 25 per cent damaged rice and 100 per cent damaged rice are priced at US$555 and US$470 per ton, respectively.
Vietnam earned US$2.08 billion within the first 4 months of this yr from exporting 3.23 million tons of rice, up 36.5 per cent in worth and 11.7 per cent in quantity over the identical interval final yr, in accordance to the Ministry of Agriculture and Rural Development.
Vietnam’s rice output is anticipated to attain 43 million tons in 2024, which is in a position to guarantee home consumption and meet the export demand of greater than 8 million tons, mentioned the ministry. – eNM, Xinhua
