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Weekly rice market news 21/2020: Asian rice export is active again

Last week, the Royal Thai Irrigation Department (RID) forecast that the Southeast Asian country will have more rain in 2020 and will harvest 24 million tons of rice in the 2020-2021 crop.

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Businesses that once ruffled contracts still won the national reserve rice tender

On May 18, the regional reserve department announced the results of bidding for national reserve rice supply. Notably, in the list of winning rice this batch, many businesses have "ruffled" rice supply contract bidding in early March last

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Hidden corners of national reserve rice

To buy enough 190,000 tons of rice reserve in 2020 under the direction of the Prime Minister, General Department of Reserve and 22 regional Reserve Department announced on 12-5 will bid to buy 182,300 tons of rice. The state must spend about 200 billion more?

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Prime Minister: Export of rice returned to normal from May 1

This afternoon, April 28, Prime Minister Nguyen Xuan Phuc chaired an online Governmental Permanent Meeting on Rice Exporting with the attendance of leaders of 13 provinces in the Mekong Delta, the nation's granary, corporations, major food corporations, a number of ministries and branches.

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The Ministry of Industry and Trade has proposed to return rice to normal from May

TTO - Ministry of Industry and Trade has just submitted a petition to the Government from May 1 to suspend the mechanism of export control by quotas and allow rice export activities to return to normal.

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From 0h on 26-4, receiving export registration declarations more than 38,600 tons of rice

TTO - General Department of Customs has issued a quick dispatch to the business community, rice exporters and provincial Customs Departments to announce the time to receive export registration declarations of over 38,600 tons of rice.

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Low supply pushes export rice prices to a 2-year high

The low domestic supply has pushed the price of Vietnamese 5% broken rice to the highest level in the past 2 years, although the new export contracts are not much.

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From 0h on 25-4, the customs office received the export declaration for the rice lots that were put into ports and border gates

TTO - From 0h tomorrow (April 25) to April 30, the automatic customs system will receive the registration form for exporting lots of rice that have been brought into seaports and international border gates before March 24, but has not registered the declaration.

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14 ships carrying 54,000 tons of rice have left My Thoi port to other countries

TTO - Mr. Tran Ho Hien - director of Binh Dinh Food Joint Stock Company (Bidifood) - said that up to this time Bidifood had loaded 4,700 tons of Hoa Binh rice and had completed the procedures.

CAM GROUP

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