Vietnam Wins 800,000 Tons of Rice Shipments to Philippines

StoxPlus | Wed, Apr 16, 2014 10:31:00 AM Share this on

Vietnam wined contracts of exporting 800,000 tons of rice to Philippines which are set to delivery in 2014, Vietnam Food Association (VFA) announced yesterday afternoon [Apr 15], danviet.vn reported.

In details, Vinafood 1 gained orders of 100,000 tons and Vinafood 2 gained orders of 700,000 tons; the average rice price offered by Vietnamese rice suppliers is $370/ton for 15% broken rice, 14% humidity, the delivery time is from April to August, 2014.

The price is relatively high versus the average export price of this type of rice in the first quarter of this year with $355/ton.

Source: StoxPlus