Rice export prices increase US$10 per tonne

The Vietnam Food Association (VFA) will increase the floor prices of rice for export by US$10 per tonne as of December 22. 

Accordingly, the lowest price for the 5 percent broken rice is now US$500 per tonne while the 25 percent broken rice remains unchanged at US$470 per tonne.

The VFA has also announced that the floor prices for the10 percent and 15 percent broken rice are listed at US$495 and US$485 per tonne, respectively.

The adjustment will help stabilize rice prices in the domestic market, ensure the efficiency of exports and protect farmers’ benefits, said the VFA.

vov

>   Motorcycle sales slump this holiday season (22/12/2011)

>   14 seafood companies in the VNR500 in 2011 (22/12/2011)

>   Bitter brew for coffee traders (22/12/2011)

>   Commodities exchange on the way (22/12/2011)

>   Japan kicks off “non-factory investment wave”, heading for Vietnam (22/12/2011)

>   CPI projected below 1% in December (22/12/2011)

>   Fuel wholesalers engage in transfer pricing: Experts (22/12/2011)

>   EVN runs debt exceeding $11.4 billion (22/12/2011)

>   Conference targets Japanese investment (22/12/2011)

>   Vietnam’s investment in Cambodia, Laos increases considerably: Agency  (21/12/2011)