During the week, rice prices have either further stabilized or increased slightly by VND 100-200/kg compared to the previous week thanks to relatively strong demand from enterprises.
Main movements and trends:
- Da Nang: lacking rice seeds for the production of 2009/2010 winter-spring crop
- Rice and paddy rice in the domestic market keep rising in price
- Rice demand from the Philippines assists export prices of Vietnamese rice
- Export prices of Thai rice drop sharply as compared with last week
- Domestic and export prices of rice to either further stabilize or increase slightly
- Export prices of Thai rice to decline in the coming time
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