Viet Nam lowers the minimum export price for rice

28/10/2016,

As of mid-October, the Viet Nam Food Association (VFA) lowered the minimum export price for 25% broken rice by nearly 6 percent. The new minimum price has been set at USD 320 per tonne (free on board, FOB), down from the previous level of USD 340 per tonne. The measure aims to ensure price stability and protect the domestic market.

Country: Vietnam