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Rice export prices increased 1-4 percent due to the strengthening of the Thai baht.
Post forecasts that Burmese rice exports will continue to rise in February in anticipation of regular demand from China through official channels, increased broken rice demand from EU countries, continued demand from regional countries, and a rebound in demand form African countries.
Export prices of most grades of rice declined 2-5 percent despite the strengthening of the Thai baht.
Export prices of white rice increased 1 percent due to the strengthening of the Thai baht.
Rice prices remain unchanged despite the weakening of the Thai baht as most businesses were closed for the Lunar New Year holiday.
Post forecasts a 31-percent increase in Thai rice exports and a 17-percent decline in corn imports.
China’s overall feed production is projected to rise through the end of calendar year 2022.
This report provides trade data on Vietnam's monthly rice exports by grade and destination and weekly export quotes for rice by grade.