Vietnam rice is expected to stay at low price in the foresee future due to abundant supply, especially additional supply from early summer-fall crop and the coming summer-fall. At the same time, the demand of rice for export remains weak.
- Over the week, the Urea price in Mekong Delta provinces continues falling
- Domestic rice price reduces due to several reasons. One of them is the domestic surplus supply.
- Vietnam rice export under pressures from increasing supply from Thailand and India and the huge reserve in Africa.
- The Thailand export rice price increased by 6% over last week.
- The increasing supply and falling export in 2009 is also anticipated in Cambodia

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