On the world market, compared with April 2017, export prices of rice exported in May 2017 increased in Vietnam and Thailand market due to export prospects. donate.

In Thailand, 5% price plate price is about $ 385 – 411 per ton, up $ 26.5 per ton; 25% price plate at $ 360-374 / ton, up $ 25 / ton. In Vietnam, 5% slabs fluctuated at $ 355-375 / tonne, up $ 10 / tonne, 25% broken up at $ 330-340 / tonne, up $ 5 / tonne.

On 23/5/2017, Minister of Industry and Trade Tran Tuan Anh and Minister of Food Bangladesh, Advocate Qamrul Islam officially signed MOU on rice trade between the two countries. The memorandum is extended to 2022, whereby each year Vietnam will provide Bangladesh with a quantity of 1 million tons of rice.

Immediately after signing the Memorandum of Understanding, Bangladesh has announced its intention to buy 250,000-300,000 tonnes of white rice from Vietnam and increase it to 500,000 tonnes by 2017. At the same time, The official point of delivery of Vietnam to Bangladesh in the earliest time to work, negotiations on price and volume, mode of delivery … The focal point of implementing contracts is the Corporation Salary Southern Real (Vinafood 2).

In the North, the price of regular paddy in May 2017 fluctuated steadily and was popular at VND6,700-7,500 per kilogram, and the price of some higher quality paddy was VND8,000-9,500 / Kg; The price of ordinary rice fluctuates around 8.500-14.000 VND / kg.

In the South, paddy prices in May 2017 tended to increase compared to April 2017 due to increased export demand. The price of dried paddy in the Mekong Delta region normally ranges from VND5,300-5,600 / kg, up VND175 / kg. Price of rice 5% broken unpacked at the ship is about 7,400 – 7,675 VND / kg, up 25 VND / kg; 25% broken rice about 7,100 – 7,400 VND / kg, up 25 VND / kg.

Based on the actual situation in May, the price management agency predicts that in the coming time, rice supply will continue to be supplemented from the summer-autumn crop, while demand for rice will increase, Domestic rice is forecast to be stable or slightly up. World rice prices also increased due to increased import demand.