Vietnam export rice prices return to world's top position

<p>PNA file photo</p>

PNA file photo

HANOI – Prices of the Vietnamese rice in the global market rose by USD3 to 8 per ton last week, helping the Southeast Asian country return to the top position in terms of export rice prices, Vietnam News Agency reported Monday, citing the Vietnam Food Association.

The price for Vietnam's 5 percent broken rice, at USD585 per ton, is higher than the same type of Thailand by USD3 per ton, and USD10 per ton higher than the same product of Pakistan, said the association.

Vietnam's 25 percent broken rice and 100 percent broken rice are priced at USD555 and USD470 per ton, respectively.

Vietnam earned USD2.08 billion in the first four months of this year from exporting 3.23 million tons of rice, up 36.5 percent in value and 11.7 percent in volume over the same period last year, according to the Ministry of Agriculture and Rural Development.

Vietnam's rice output is expected to reach 43 million tons in 2024, which is able to ensure domestic consumption and meet the export demand of more than 8 million tons, said the ministry. (Xinhua)