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
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Vietnam's rice export slightly rises in first quarter
HANOI, Mar 23 (Xinhua): Vietnam is estimated to roughly export 1.1 million tons of rice worth some 268 million US dollars in the first quarter of this year, up 4.7 per cent and 7.3 per cent respectively against the same period last year. Between January and March, the average export price of local rice is estimated at about 249.1 dollars per ton, 6 dollars higher than that in the first quarter of 2005, the Vietnam Food Association said.
Of the total volume of rice exported in the first quarter this year, 75 per cent went to Asia, mainly the Philippines, Malaysia, Indonesia and Japan; 11.6 per cent to Africa; and 9.5 per cent to America, mostly Cuba. Currently, export prices of Vietnamese rice are lower than those of Thai or Indian rice, mainly because Vietnam's main rice crop is in peak season, while local exporters are not financially strong enough to buy the commodity for stockpile, the association said.
Vietnam, which shipped abroad more than 5.2 million tons of rice worth nearly 1.4 billion dollars in 2005, has recently decided to export at most 5 million tons of the commodity this year, a move to ensure the country's food security.
MGR Archive 24.3.2006
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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