Rice exports to hit 6.3 million tonnes in 2014
The Vietnam Food Association (VFA) has forecast that the country’s rice
exports are likely to reach 6.3 million tonnes this year.
The Vietnam Food Association (VFA) has forecast that the country’s rice
exports are likely to reach 6.3 million tonnes this year.
The association also predicted rice exports of 1.9 million tonnes and 1.4 million tonnes in the third and fourth quarters of 2014, respectively.
Vietnam shipped over 3.6 million tonnes of rice in the first seven months of 2014, earning 1.056 billion USD, representing decreases of 10.78 percent in volume and 10.27 percent in value.
However, the average free-on-board (FOB) price of Vietnam ’s export rice hit 413.44 USD per tonne, up 2.43 USD compared to the same period last year.
Last year, Vietnam exported 6.7 million tonnes of rice, 11 percent lower than the initial target, as the sector faced many difficulties.-VNA
The association also predicted rice exports of 1.9 million tonnes and 1.4 million tonnes in the third and fourth quarters of 2014, respectively.
Vietnam shipped over 3.6 million tonnes of rice in the first seven months of 2014, earning 1.056 billion USD, representing decreases of 10.78 percent in volume and 10.27 percent in value.
However, the average free-on-board (FOB) price of Vietnam ’s export rice hit 413.44 USD per tonne, up 2.43 USD compared to the same period last year.
Last year, Vietnam exported 6.7 million tonnes of rice, 11 percent lower than the initial target, as the sector faced many difficulties.-VNA
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