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Rice prices increasing

by 12 October 2015 Last updated at 11:00 AM

VTV.vn - Vietnam’s rice export prices are rising, due to the global consequences of El Nino, and the fact that Vietnam has just won several rice export contracts.

According to the reports from the MARD, 5% broken white rice price picked up 3% to 350 – 355 USD/ton, while 15% broken white rice stands at 345%, up 10 USD compared to last week’s figures. 

The domestic market also recovered following Vietnam’s success in signing new rice contracts. In An Giang province, 5% broken white rice price stands at 325 USD/ton while this figure for the 15% broken rice is 322 USD/ton. The rice price is forecast to continue growing in the coming days.

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