Vietnam exports 4.9 million tonnes of rice
Tuesday, October 21,2014
AsemconnectVietnam - Vietnam has exported more than 139 tonnes of rice during the first two weeks of October, bringing the total rice export volume so far this year to 4.9 million tonnes, generating more than 2.1 billion USD in value, according to the Vietnam Food Association (VFA).
The price for rice in October is 458.35 USD per tonne, a slight increase from 439.11 USD per tonne in September.
Without Government interventions to increase temporary rice stocks, the price remained high due to the large volume of rice exported to China via border gates.
Vietnam expects to produce 25.48 million tonnes of paddy for all of 2014, of which over 17 million tonnes of paddy, equivalent to 8.5 tonnes of rice, will be shipped abroad.
Source: VNA
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