Higher rice supplies in the domestic market has made the export price of Viet Nam''s broken rice to US$450 per tonne on June 19, the lowest level in the past two months.
The average export price of Vietnamese pepper fell by 62 per cent year-on-year in the first eight months of 2018 to around US$3,330 per tonne following a dip in the global market, according to the Ministry of Agriculture and Rural...
The agro-forestry-fisheries export turnover in April was estimated at
2.97 billion USD, bringing the four-month figure to over 10 billion USD,
up 11 percent against the same period last year.
Local rice exporters have offered a higher export price due to price
rise in the domestic market, thereby losing the advantage in the
competitive world market, said experts.
Viet Nam''s local rubber industry made a small recovery as rubber exports
in May recorded higher prices and volume than April, according to the
Ministry of Agriculture and Rural Development.
Viet Nam''s rice export is likely to face another difficult year with
supply outstripping demand and worsening global competition, according
to the Viet Nam Food Association.
The price of Viet Nam''s 5 per cent broken rice increased US$25 per tonne
in November, to fluctuate between $390 and $415, according to the Viet
Nam Food Association (VFA).
Falling rubber prices have been hitting local farmers and businesses for over a year.The
price had fallen sharply from VND25,000 per kilo in the Central
Highlands in mid-2012 to VND8,000-9,000 per kilo today, according to
farmers.
Viet Nam''s rubber exports fell sharply during the first half of 2013,
plunging 19.2 per cent in value and 5 per cent in volume against the
same period last year, according to the Ministry of Industry and Trade.