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    Home > Food News > Food Articles > Vietnam's rice production chain is gradually improving, and rice exports have entered a new normal

    Vietnam's rice production chain is gradually improving, and rice exports have entered a new normal

    • Last Update: 2022-03-02
    • Source: Internet
    • Author: User
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    Vietnam's "Commercial News" reported on February 15 that the production chain of Vietnam 's rice industry has been gradually improved, which will help rice export activities not only maintain well during the epidemic , but also resume immediately after entering the new normal
    .
     
    At the beginning of 2022, the domestic epidemic situation in Vietnam was gradually brought under control, the market recovered, and good news came one after another from rice companies
    .
    In January 2022, Vietnam's rice export volume reached 505,741 tons, a year-on-year increase of 45.
    4%; the export value reached 246 million US dollars, a year-on-year increase of 28.
    2%
    .
     
    Many rice companies say they will continue to receive a lot of high-value orders from importers in the coming months
    .
    Fan Taiping, general manager of Zhong An Gao Craft Agriculture Co.
    , Ltd.
    , said that the company continued to export to partners in the first two months of this year
    .
    From March, the company will continue to deliver about 15,000 tons of 100% broken rice to the South Korean market at a price of $369/ton, higher than the Vietnamese average price of about $31/ton
    .
    In addition to the Korean market, the company has also signed many contracts with other EU and Asian countries
    .
     
      However, like other industries, rice companies, especially small and medium-sized enterprises, are faced with the problem of high input costs of sea freight, domestic transportation costs, fertilizers, pesticides and other agricultural materials, resulting in increased production costs and reduced profits
    .
    The sharp rise in input costs such as gasoline prices, raw materials and freight charges in the first two months of the year has had a major impact on rice export activity
    .
    Rice export outbreak
     
      At the beginning of 2022, the domestic epidemic situation in Vietnam was gradually brought under control, the market recovered, and good news came one after another from rice companies
    .
    In January 2022, Vietnam's rice export volume reached 505,741 tons, a year-on-year increase of 45.
    4%; the export value reached 246 million US dollars, a year-on-year increase of 28.
    2%
    .
     
      Many rice companies say they will continue to receive a lot of high-value orders from importers in the coming months
    .
    Fan Taiping, general manager of Zhong An Gao Craft Agriculture Co.
    , Ltd.
    , said that the company continued to export to partners in the first two months of this year
    .
    From March, the company will continue to deliver about 15,000 tons of 100% broken rice to the South Korean market at a price of $369/ton, higher than the Vietnamese average price of about $31/ton
    .
    In addition to the Korean market, the company has also signed many contracts with other EU and Asian countries
    .
     
      However, like other industries, rice companies, especially small and medium-sized enterprises, are faced with the problem of high input costs of sea freight, domestic transportation costs, fertilizers, pesticides and other agricultural materials, resulting in increased production costs and reduced profits
    .
    The sharp rise in input costs such as gasoline prices, raw materials and freight charges in the first two months of the year has had a major impact on rice export activity
    .
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