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USDA GAIN: Oilseeds, Cotton, Sugar, Grain and Feed


18 August 2014

USDA GAIN: Vietnam Rice Weekly Situation from Aug. 2 to 8 - 2014USDA GAIN: Vietnam Rice Weekly Situation from Aug. 2 to 8 - 2014

Vietnam rice export prices decreased for 5 and 10 percent broken rice last week. This is due to the ban from the Chinese authority for unofficial cross border rice sales from Vietnam.
USDA GAIN Report - Oilseeds, Cotton, Sugar, Grain and Feed

Paddy prices were unchanged at high level last week. As farmers claim that farm stocks are thin and the seasonal flooding in the Mekong River Delta has been started going high.

Author Defined:

Vietnam rice export prices decreased about $10-15 for 5 and 10 percent broken rice last week, the week of August 2-8. Prices for 15 and 25 percent broken rice, however, were unchanged. This is due to the ban from the Chinese authority for unofficial cross border rice sales from Vietnam, according the Vietnam local media announcement.

Paddy prices were unchanged at high level last week, the August 2-8 period, about VND 5,850-5,950. As farmers claim that farm stocks are thin and the seasonal flooding in the Mekong River Delta has been started going high.

Exchange rate was $1 to VND 21,180 as August 8, 2014.

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