Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
Viet Nam gains firm foothold on world rice market
Ha Noi, Viet Nam is gaining a firm footing on the world rice market with its major rice importers of Indonesia, the Philippines, the Middle East and some African countries.
The foreign buyers are lured by the reasonable price of rice exports, often 10 USD per tonne lower than that of other giant rivals such as Thailand.
Currently, Viet Nam sells 25-percent broken rice at 166-167 USD per tonne; 5-percent broken rice, 186-187 USD per tonne; and 10-percent broken rice, 178-185 USD per tonne.
Viet Nam has recently won a contract to deliver 73,000 tonnes of 25-percent broken rice to the Philippines in May and June. It has also reached an agreement with Nigeria who pledged to buy Vietnam's rice over a long-term period. The United Nations has recently given the green light to Viet Nam to continue exporting 400,000 tonnes of rice to Iraq this year according to the oil for food programme.
Viet Nam had by the end of May exported 1.913 million tonnes of rice, grossing 359 million USD, up 47.4 percent year-on-year in volume and 28.3 percent in value. In May alone, the country earned 100 million USD from shipping abroad nearly 500,000 tonnes of rice.
The Ministry of Trade has estimated that Viet Nam's rice exports could reach 3.4-3.5 million tonnes worth a total of 625-650 million USD this year.
MGR Archive 14.6.2003
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice