Their lowest quote was US$648 per ton, including transportation costs.

Earlier this year Indonesia said it wanted to import 500,000 tons of rice in January to increase its food reserves.

A rice stall in Ba Chieu Market in Binh Thanh District, HCMC.

Last year it imported more than one million tons of Vietnamese rice, making it the second biggest customer.

According to the Vietnam Food Association and the Thai Rice Exporters Association, the current export prices of standard 5% broken rice are $656 per ton in Thailand, $642 in Vietnam and $638 in Pakistan.

Last year Vietnam exported eight million tons of rice to rank third in the world after India and Thailand.

Rice exports expected to hit $5B this year

Rice export volume and value during the first 11 months surpassed the figures of the entire 2022, and this year’s revenue is expected to reach $5 billion, authorities said.

Vietnam’s rice exports hit record high since 1989

Vietnam’s rice exports this year to the end of November hit a record high since 1989 with an export volume of nearly 7.8 million tonnes and turnover of 4.4 billion USD.

Vietnam promotes rice exports to China

A delegation of the Ministry of Industry and Trade (MoIT) led by Deputy Director of the ministry’s Agency of Foreign Trade Tran Quoc Toan and representatives from 19 Vietnamese rice exporters have paid a working visit to Beijing, China to promote Vietnamese rice in the market.

Rice export prices hit 15-year high

Vietnam’s 5% broken rice has risen to a 15-year peak of $653 per ton, exceeding that of competitors Thailand and Pakistan.

Vietnam rice export price climbs amid thin supply

Vietnam's rice price continues to rise as the harvest season ends, creating a shortage of supply.

Source: VnExpress