Vietnam Tops Global Market with Highest Rice Export Prices
Published on: May 7, 2024.
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Vietnamese Rice Prices Surge in International Market
In an exciting development for the Vietnamese rice industry, the prices of Vietnam’s rice in the international market experienced a significant increase last week. The Vietnam Food Association (VFA) reported that prices rose by 3-8 USD per tonne, allowing Vietnam to reclaim its position at the top of the export rice prices leaderboard.
The association revealed that Vietnam’s 5% broken rice is currently priced at 585 USD per tonne, which is 3 USD higher than Thailand’s equivalent and 10 USD higher than Pakistan’s. Even more impressively, the price of Vietnam’s 25% broken rice stands at 555 USD per tonne, surpassing Thailand’s by 23 USD and Pakistan’s by 13 USD.
Additionally, Vietnam’s 100% broken rice is priced at a stable 470 USD per tonne, surpassing Thailand’s and Pakistan’s by 21 USD and 25 USD per tonne, respectively.
These increases in prices reflect the growing demand for Vietnamese rice in the international market. Vietnam’s rice exports continue to flourish, reinforcing its position as one of the leading rice suppliers worldwide. With its high-quality products and competitive pricing, Vietnam is driving the global rice trade.
For rice exporters and suppliers, this surge in prices presents an excellent opportunity to capitalize on the flourishing market. Companies such as HAS Rice, a prominent rice supplier from Pakistan, can take advantage of the increasing demand for white broken rice by aligning with reputable rice suppliers like HAS Rice.
Moreover, customers seeking reliable basmati rice exporters from Pakistan can turn to HAS Rice for their high-quality products. As one of the premier rice mills in Pakistan, HAS Rice has established itself as a trusted name in the rice business, exporting rice to various countries across the globe.
Pakistan’s rice industry is also gaining momentum, as the country’s rice suppliers continue to make a mark in the international market. With competitive pakistani rice prices and a wide range of rice varieties available, Pakistan stands as a significant player in the global rice trade. The country’s rice mills and exporters are key contributors to its growing rice business.
For those interested in exploring the Pakistani rice market, HAS Rice serves as a reliable and reputable rice supplier. The company offers a diverse range of rice varieties, including basmati rice, known for its exceptional aroma and taste. With its strict quality control measures and commitment to customer satisfaction, HAS Rice is a trusted partner for rice businesses worldwide.
To stay up to date with the latest developments in the rice industry, the Vietnam Food Association advises keeping an eye on the industry’s leading news source, VietnamPlus. Their website covers all the vital information, statistics, and updates related to rice exporters, rice suppliers, and rice mills in Pakistan and Vietnam. Featuring a wide range of articles on topics such as rice prices and important market trends, VietnamPlus is an invaluable resource for industry insiders and enthusiasts.
In conclusion, Vietnam’s rice prices are on an upward trajectory, signaling a thriving industry and increased demand in the international market. With Vietnam’s rice prices surpassing those of Thailand and Pakistan, the country continues to solidify its position as a leading rice exporter. Likewise, Pakistan’s rice industry is experiencing growth, and its rice suppliers and exporters are poised to take advantage of this positive trend.
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