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Asia rice: India rates hit three-year low on weak demand, abundant stocks

Reuters Prices of rice exported from India fell to their lowest level in more than three years this week, pressured by subdued demand and abundant supply, while Vietnamese rates declined to a one-month low. India’s 5% broken parboiled variety was quoted this week at $354-$362 per ton, down from the last week’s $367-$371, its lowest […]

India rice prices hit three-year low on weak demand, abundant stocks

Reuters BENGALURU, HANOI, MUMBAI, BANGKOK AND DHAKA: Prices of rice exported from India fell to their lowest level in more than three years this week, pressured by subdued demand and abundant supply, while Vietnamese rates declined to a one-month low. India’s 5 percent broken parboiled variety was quoted this week at USD354-USD362 per ton, down […]

Moving towards sustainable green agriculture

Under the pressure of climate change and market demands, low-emission crop production is seen as an inevitable trend. Tran Van Chung, Director of Phat Tai Agricultural Cooperative in Chau Thanh Commune, Vinh Long Province, said that for the summer-autumn crop of 2024, the cooperative began piloting rice cultivation under the project titled “Sustainable development of […]

Vietnam’s hard lesson in rice branding and intellectual property

Scientific breeding and private innovation propelled Vietnam’s exports, but branding battles now threaten progress. Once a nation reliant on imported rice and low-yield local varieties, Vietnam has transformed into a global rice export powerhouse. This success story is largely credited to advancements in rice breeding, resulting in high-yield, disease-resistant varieties that are now recognized among […]

Cooperatives lead the way in Mekong Delta’s humongous sustainable rice project

The one-million-hectare rice project seeks to produce high-quality, low-emission rice while restructuring the sector for greater value. It also aims to raise farmers’ incomes, ensure food security, and support Việt Nam’s commitment to net zero emissions by 2050. The one-million-hectare rice project in the Mekong Delta has been accomplished effectively, with cooperatives playing a central […]

Asia rice: Thai prices hit 3-week high on strong baht; Vietnam rates fall on weak demand

Reuters Thai rice export prices rose to a three-week high this week, supported by the baht’s appreciation, while thin demand pushed Vietnamese offers lower. Thailand’s 5% broken rice was quoted at $355–$365 per tonne, its highest since Aug. 21, compared with $355 per tonne last week, traders said, citing the stronger baht Domestic prices were […]

Vietnam’s rice exports remain stable despite import pauses by Philippines, Indonesia

By VNA Vietnam’s rice exports are unlikely to be significantly affected in the short term, said acting Minister of Agriculture and Environment Tran Duc Thang following reports that the Philippines and Indonesia have temporarily suspended rice imports since early September. The Ministry of Agriculture and Environment (MAE) will report to the Prime Minister, seeking directives […]

Vietnamese rice exports stall as Philippines bans imports

By Thi Ha Rice traders are keeping their purchases from farmers to a minimum after the Philippines, a key market, suspended all imports. Hang, a trader in the Mekong Delta Province of An Giang, a major rice-growing area, bought only a few tons last week compared to the usual hundreds of tons. Exporters are also […]

Market diversification needed to further boost rice export: official

Vietnam’s rice industry has the capacity to maintain export targets, but businesses need to actively expand markets and reduce dependence on a few major partners to build a more sustainable foundation for growth, said Nguyen Anh Son, Director of the Import-Export Department under the Ministry of Industry and Trade. Hanoi (VNA) – Vietnam’s rice industry […]