The country exported 181,000 tonnes of rice in the first half of Mayworth 79.87 million USD, lifting the shipment to date this year to 1.932million tonnes worth 845.38 million USD, according to data from theVietnam Food Association (VFA).
The association stated that theaverage price for export rice this month reached 441.51 USD per tonne,down roughly 21 USD per tonne against the same period last month.
However,domestic rice prices were reported to have edged up in the week throughMay 15, versus a week ago. In detail, in the Cuu Long (Mekong) Delta,the prices of dried rice with husk were from 5,300 – 5,750 VND perkilogram depending on rice variety, up 50-100 VND per kilogram.
Pricesof 5 percent broken rice were from 6,900 to 7,000 VND per kilogram, up100 VND per kilogram; prices of 15 percent broken rice were from 7,700to 7,800 VND per kilogram, up 50 VND per kilogram; and prices of 25percent broken rice were from 7,400 to 7,500 VND per kilogram, up 50 VNDper kilogram.
The UN's Food and Agriculture Organisation (FAO)has estimated Vietnam's milled rice exports to increase to about 7.2million tonnes this year, up about 8 percent from about 6.7 milliontonnes last year due to higher production and increased export demandfrom Asian countries such as Indonesia, Malaysia, China and thePhilippines backed by low prices.
FAO has estimated Vietnam'stotal paddy rice production at about 44.2 million tonnes (around 27.6million tonnes of milled rice) in 2014, marginally higher than about 44million tonnes (around 27.5 million tonnes of milled rice) produced in2013. The UN agency, however, forecasts Vietnam's paddy rice productionfrom 2014 winter/spring crop at 20.3 million tonnes, similar to lastyear's production, despite shifting part of the rice fields to othercrops, due to higher yields, favourable weather conditions and adequatewater supplies.
However, VFA last week lowered the country's2014 rice export target to 6.2 million tonnes from the earlier target of6.5 – 7 million tonnes due to heavy competition from India andThailand.-VNA
The association stated that theaverage price for export rice this month reached 441.51 USD per tonne,down roughly 21 USD per tonne against the same period last month.
However,domestic rice prices were reported to have edged up in the week throughMay 15, versus a week ago. In detail, in the Cuu Long (Mekong) Delta,the prices of dried rice with husk were from 5,300 – 5,750 VND perkilogram depending on rice variety, up 50-100 VND per kilogram.
Pricesof 5 percent broken rice were from 6,900 to 7,000 VND per kilogram, up100 VND per kilogram; prices of 15 percent broken rice were from 7,700to 7,800 VND per kilogram, up 50 VND per kilogram; and prices of 25percent broken rice were from 7,400 to 7,500 VND per kilogram, up 50 VNDper kilogram.
The UN's Food and Agriculture Organisation (FAO)has estimated Vietnam's milled rice exports to increase to about 7.2million tonnes this year, up about 8 percent from about 6.7 milliontonnes last year due to higher production and increased export demandfrom Asian countries such as Indonesia, Malaysia, China and thePhilippines backed by low prices.
FAO has estimated Vietnam'stotal paddy rice production at about 44.2 million tonnes (around 27.6million tonnes of milled rice) in 2014, marginally higher than about 44million tonnes (around 27.5 million tonnes of milled rice) produced in2013. The UN agency, however, forecasts Vietnam's paddy rice productionfrom 2014 winter/spring crop at 20.3 million tonnes, similar to lastyear's production, despite shifting part of the rice fields to othercrops, due to higher yields, favourable weather conditions and adequatewater supplies.
However, VFA last week lowered the country's2014 rice export target to 6.2 million tonnes from the earlier target of6.5 – 7 million tonnes due to heavy competition from India andThailand.-VNA
