Rice Prices Continue Rising in Mekong Delta
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)