Rice Prices Continue Rising in Mekong Delta

3:08:27 PM | 10/27/2009

Rice prices are on the rise in Mekong Delta region as local exporting companies want to buy more.
 
On Oct 21, unhusked rice was offered at VND4,600 and VND4,800/kilo, the highest prices over the past one year.
 
Rice for processing 5% broken rice was traded at VND6,150/kilo, up VND150/kilo from a day earlier.
 
Nguyen Ngoc Nam, director of the Tien Giang Food Co. said rice exporting companies are selling 5% broken rice for $415 and $420/ton while prices of fragrant rice were $550/ton. (Youth)