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
Vietnam to Raise Rice Export Target to 3.6-3.7 MLN Tonnes
Asia Pulse
HANOI, The Ministry of Agriculture and Rural Development (MARD) plans to raise this year's rice export target from 3.5 tonnes to between 3.6 and 3.7 million tonnes.
In the first eight months, the country exported nearly 3 million tonnes of rice, earning US$557 million, representing year-on-year increases of 23.5 per cent in volume and 4.9 per cent in export value.
Experts said that, rice exporters should ship abroad 800,000-900,000 tonnes in the remaining months to attain the said target and ensure the trade balance and national food security.
Rice exporters are experiencing a smooth period as demands for Viet Nam's rice has increased compared with 2002. Vietnamese rice is on sale at good prices.
According to the MARD, the Mekong Delta - the country's biggest rice producer - has not only helped ensure food for localities nationwide but become the main provider of rice for exports over the past 14 years. The region grows three rice crops a year, with winter-spring rice being the main crop and also main export rice.
The Mekong Delta has produced around 17.5 million tonnes of rice a year, including 10.5 tonnes for domestic use and 7 tonnes (equivalent to 3.5-3.8 million tonnes of processed rice) for export.
This year's rice output is estimated to be the same as last year (more than 33.6 million tonnes).
The northern Viet Nam Food Corporation (Vinafood 1) has signed some more contracts to export about 100,000 tonnes of rice to Cuba, 25,000 tonnes to EU and several dozens tonnes to Africa.
Viet Nam is expanding its rice market to some Latin American countries, recently signing a contract to export 40,000 tonnes of rice to Brazil.
The UN has also purchased 60,000 tonnes of Vietnamese rice for Iraq under the oil for food programme in September.
MGR Archive 10.9.2003
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