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Rice prices increase, rice exports prosper again
TPO - The price of many types of rice in the Mekong Delta continues to increase as small traders and businesses step up their purchases for export and prepare to serve the increased domestic demand in the last months of the year, while the supply of commodity rice decreases due to Many localities in the Mekong Delta have finished the 2021 autumn-winter crop.

The Vietnam Food Association (VFA) said that in the last week of October, the average price of common rice in the field was 5,380 VND/kg, an increase of 38 VND compared to the previous week; Ordinary rice at the warehouse has an average price of 6,500 VND/kg (up 63 VND)…

According to PV Tien Phong's research , rice prices in the Mekong Delta continued to increase after localities eased social distancing, facilitated circulation, and the situation of rice exports returned to a positive state. Specifically, in An Giang, ordinary rice IR50404 in the field on November 4 was purchased by traders at 5,500-5,600 VND/kg (an increase of 400 VND compared to the previous day).

IR50404 dry rice is priced at 6,500 VND/kg (up 500 VND); Dai Thom 8 rice is priced at 6,000-6,200 VND/kg (an increase of 200 VND); OM5451 rice at 5,700-5,900 VND/kg (up 100 VND); Nang Hoa 9 rice is priced at 6,300-6,400 VND/kg (up 300 VND)…

In Can Tho City and some Mekong Delta provinces, dried rice varieties such as OM4900, RVT or Dai Thom 8 cost VND 7,100-7,500/kg, while before it was VND 6,900-7,400/kg…

In general, the price of many types of rice is still at a lower level compared to the same period last year, however, the price of many types of rice, especially the delicious and specialty rice, is expected to increase in the coming time. Currently, many localities have finished harvesting the autumn-winter crop, such as in Can Tho, which has completely harvested 69,995ha of autumn-winter rice in 2021, with an estimated yield of 55.3 quintals/ha, 1.49 quintal/ha higher than that of same period.

Rice prices increased, rice exports prospered again Photo 1

Fresh rice is weighed and sold in the field.

Regarding rice exports, according to VFA, in the first half of October 2021, Vietnam's rice exports reached over 294 thousand tons with a value of over 154 million USD, up 61.6% in volume and up 57.7 % in value over the same period last year.

Previously, in September 2021, Vietnam's rice exports reached more than 593 thousand tons with a value of more than 293 million USD, up 19% in volume and 20.5% in value over the same period last year.

By the end of the first half of October 2021, Vietnam's rice exports reached more than 4.86 million tons, worth 2.57 billion USD, down 5.8% in volume and 1.08% in value over the same period last year. last.

According to rice enterprises in the Mekong Delta, the implementation of social distancing to prevent and control the COVID-19 epidemic in the previous 3 months in the southern provinces has caused rice exports of most enterprises to be halted. When travel is eased, businesses have focused on delivering previously stuck orders.

Besides, after a period of supply chain disruption due to the COVID-19 epidemic, the world market has also returned to order more, helping Vietnam's rice exports increase again. On the other hand, the quality of Vietnamese rice has recently improved a lot, so the number of customers trusting it has also increased.