Rice export flourishes - A bright spot in the middle of the COVID-19 period

Rice export is positive, rice price increases, the weather is favorable, farmers are in good season ... The rice industry from the beginning of the year is still a bright spot in the middle of the COVID-19 period.

Good season

According to many sources, recently, rice prices in the Mekong Delta have many fluctuations in the direction of increase. Specifically, in An Giang near mid-September, IR50404 rice costs 5,850-6,100 VND / kg, IR5451 rice costs 5,950-6,200 VND / kg, Jasmine rice costs 6,100-6,300 VND / kg, Dai Thom 8 rice costs 6,200. -6,450 VND / kg…, increased from 100-300 VND / kg, even 500 VND / kg compared to the previous month.

Harvesting rice in the Mekong Delta

In Dong Thap, compared with July, the price of paddy in August increased for both normal rice varieties and high quality rice varieties. Specifically, IR50404 rice in the field has price of 5,300 VND / kg, OM5451 rice price is 5,600 VND / kg; Fragrant rice like Nang Hoa 9 costs 6,000 VND / kg, Dai Thom 8 costs 5,800 VND / kg. In the first week of September, the prices of ordinary rice and fragrant rice both increased by 200-300 VND / kg, even 500 VND / kg compared to the previous month ...

According to traders, the price of rice has increased continuously in recent years, not only fresh rice in the field but dry rice in the warehouse of the winter-spring crop of 2019-2020, as the Jasmine 85 rice sold has a profit of 1,000 VND / kg or more. at the time of purchase… The price of paddy is generally considered to be a record high for many years. According to the local people, the weather is good, so it is less cared for, the rice is less pests and diseases, the investment cost is low, the interest is from 1 to over 2 million VND / worker (1,000m2).

The weather is favorable, the rice price is good, so after the summer-autumn crop has been harvested, many localities in the Mekong Delta have deployed the Autumn-Winter crop exceeding the original planned area, many places have already harvested. In An Giang, with the Summer-Autumn rice yield of over 5.5 tons / ha, 80-150kg / ha higher than last year's Summer-Autumn crop, the agricultural sector recommends that farmers focus on the Fall-Winter rice variety in areas with safe dykes, not affected when floods come back.

And in Hau Giang, according to the local plan, it will sow 38,500 ha of Thu Dong rice, the total output of nearly 213,000 tons. However, following the direction of the Ministry of Agriculture and Rural Development and based on the forecast situation of water resources, the province has directed to increase the area to take advantage of the opportunity of high prices, contributing to increase the production value of the province in 2020.

Accordingly, the estimated total area of Thu Dong rice in the province is 41,660 ha, with an output of over 232,000 tons. Regarding the seed structure, to prioritize the use of fragrant rice varieties, key export rice, and limit sticky rice and medium quality rice ...

Having a good season, the rice industry promises a successful year.

Export is positive

In the first 8 months of 2020, Vietnam exported about 4.5 million tons of rice with a turnover of $ 2.2 billion, down 1.7% in volume but up 10.4% in value. In terms of export rice prices, after surpassing Thailand in mid-August to rise to No. 1, although still continuing to increase, Vietnamese rice returned to second place as Thai rice increased stronger at the end of the month.

Specifically, Vietnam's 5% broken rice has a price of US $ 488-492 / ton, and 25% broken rice is priced at $ 463-467 / ton. While Thailand's 5% broken rice is priced at 496-500 USD / ton, 25% broken rice is 467-471 USD / ton. And Indian rice is still lower than Vietnam and Thailand when it is below 400 USD / ton ...

The effective EVFTA Agreement has opened up opportunities for Vietnam's rice export. The Government has also issued a decree providing for the certification of fragrant rice to be exempt from quota import duty when exporting to the EU for 9 types of fragrant rice. Conquering the EU market will help develop better in other markets, because Vietnam's rice quality reputation is enhanced.

According to the updated list of the Ministry of Industry and Trade on September 1, 2020, there are 192 enterprises (DN) in 26 provinces / cities granted certificates of eligibility for rice export business. In which, the most are Can Tho city with 41 enterprises, followed by Ho Chi Minh City, Long An, An Giang, Dong Thap ...