Rice exports from Vietnam, the
world’s second-largest shipper after Thailand, may total 400,000
metric tons this month, 25 percent less than a year earlier,
according to the Ministry of Agriculture and Rural Development.
While export prices “fell slightly” from December, Vietnamese companies haven’t signed many contracts because the nation’s prices are higher than those of other exporters like India and Pakistan, the ministry said in a monthly report.
Vietnam may export about 1.1 million tons in the first quarter, compared with more than 1.8 million tons in the same period last year, Thoi Bao Kinh Te Vietnam newspaper said today, citing the Vietnam Food Association.
Shipments may total 3 million to 3.5 million tons in the first half and 3.5 million tons in the second half, according to a statement on the government’s website, citing the association. Full-year exports are forecast at 6.5 million to 7 million tons, with 1 million to 1.5 million tons of stockpiles to be carried over to 2013, according to the statement, posted yesterday.
To contact Bloomberg News staff for this story: Diep Ngoc Pham in Hanoi at dpham5@bloomberg.net
While export prices “fell slightly” from December, Vietnamese companies haven’t signed many contracts because the nation’s prices are higher than those of other exporters like India and Pakistan, the ministry said in a monthly report.
Vietnam may export about 1.1 million tons in the first quarter, compared with more than 1.8 million tons in the same period last year, Thoi Bao Kinh Te Vietnam newspaper said today, citing the Vietnam Food Association.
Shipments may total 3 million to 3.5 million tons in the first half and 3.5 million tons in the second half, according to a statement on the government’s website, citing the association. Full-year exports are forecast at 6.5 million to 7 million tons, with 1 million to 1.5 million tons of stockpiles to be carried over to 2013, according to the statement, posted yesterday.
To contact Bloomberg News staff for this story: Diep Ngoc Pham in Hanoi at dpham5@bloomberg.net
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