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Update rice orders in the first quarter of Agriculture

 

Although the Vietnamese rice market in 2023 is somewhat gloomy due to the impact of the Covid pandemic, the selling price of Vietnamese rice still fluctuates continuously. So in early 2024, what is the selling price of rice in Vietnam? Will the price fluctuate strongly or not? Let’s find out more details with K-Agriculture in the article below

OVERVIEW OF THE CURRENT RICE MARKET

According to the Ministry of Agriculture and Rural Development, by the end of the first quarter of 2024, Vietnam’s rice exports reached more than 2.1 million tons of rice, worth nearly 1.4 billion USD, an increase of about 42% over the same period in 2023.Vietnam’s main rice export markets currently are the Philippines, Indonesia, China, Ghana, Malaysia, Singapore… The Philippine market currently accounts for more than 38% of Vietnam’s total rice exports.

India’s issuance of measures to restrict rice exports to stabilize the domestic market and the decrease in supply in some countries due to El Nino have boosted rice demand and prices in recent times. Vietnam is one of the countries benefiting from this market development.In the African market, Vietnam’s traditional rice importing areas are also being supported in rice production through many support projects from other countries to help these countries become self-sufficient in food.

K-AGRICULTURE RICE PRICE LIST. 

Vietnam is known as the “rice bowl” of the world with a long-standing wet rice civilization and many precious rice varieties with high yield and good quality. Vietnamese rice not only meets domestic food needs but is also exported to more than 150 countries and territories around the world, making an important contribution to the national economy.

Vietnam has more than 2,000 different rice varieties, from sticky rice to regular rice, from white rice to fragrant rice, meeting all the needs and preferences of consumers of different countries. Especially rice types such as ST25, ST24, Jasmine, Japonica, KDM, IR504,…

Below is a detailed rice price list at K-agriculture in the first quarter of 2024

Type

ST25 RICE 

JASMINE RICE  

 

JAPONICA RICE

 

KDM

DT08

 

IR504

Price($/ton) $ 8xx $7xx $73x $6xx $71x $6xx

K-AGRICULTURE’S RICE ORDERS IN THE FIRST QUARTER OF 2024 

K-agriculture is proud to be one of the largest and reputable rice exporters in Vietnam. In the first quarter of 2024, we were proud to export 150 tons of rice, and most notably st25 rice. Our customers are very satisfied with the quality and price of our rice varieties. Moreover, customers also want to do long-term business with us.

Rice samples are being thoroughly tested throughout the production process

Rice packaging process in production at K-agriculture factory

Finished rice products are packaged according to customer requirements

Factory workers are loading goods into container

The bags of rice are carefully arranged in the container

K-Agriculture is a leading RICE – COFFEE – CASHEW – SPICES factory with a strict schedule from cultivation to distribution. Their guiding principle is “Quality is King”, They are committed to providing only the best products. Their prices are also known to remain more stable than others. K-Agriculture has a 25-year track record of providing high-quality Vietnamese agricultural products worldwide. They have a deep understanding of the market, allowing them to provide excellent customer support.

Hope you find this article useful. Please leave a comment to have experts from K-agriculture, one of the largest agricultural factories in Vietnam, explain more!

K-Agriculture is forever grateful and respectful!

Address: 169 Nguyen Ngoc Vu, Trung Hoa ward, Cau Giay district, Hanoi, Vietnam

Email: info@k-agriculture.com

Website: https://k-agriculture.com

Phone number: +84855555837

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About author Camila Nguyen

She has 13 years experience in connecting B2B customers around the world and provide best-quality agricultural products from Vietnam to them. She would love to share her knowledge about agricultural products through the blogs. You can contact her on Whatsapp via number: +84 84 4444 867 to get the free consultancy

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