Rice exports nosedive in December
(VOV) -Vietnam shipped 183,897 tonnes of rice between December 1-19, a steep fall of 55% compared to the same period last month and 60% over last December.
According to global rice price website Oryza, Vietnam is likely to export 6.7 million tonnes of rice in 2013, and its FOB price dropped 5% to US$432 per tonne on average.
However, December’s FOB price rose 6% over November to US$471 per tonne.
The Vietnam Food Association (VFA) said Vietnam’s rice export volume totalled 6.325 million tonnes between January 1 and December 19, valued at US$2.735 billion (FOB) or US$2.848 billion (CIF).
The 5% broken rice ranges from VND8,500 to VND8,600 per kilogram, the 15% broken rice is sold for VND8.200-VND8.300per kilogram, and the 25% broken rice for VND7,900–8,000 per kilogram.