Rice exports to hit record high of 6 million tonnes
VOV 01/07/2009- Vietnam is expected to export 6 million tonnes of rice this year thanks to the signed contracts with importers and an increasing demand from major markets.
By the end of June, the country has shipped 3.642 million tonnes of rice abroad and earned US$1.427 billion, according to the Vietnam Food Association.
The signing of new export contracts has made a positive impact on the domestic rice market. The price of high-quality rice of the early summer-autumn crop in the Mekong River Delta now fluctuates at VND4,200-4,300 per kilogram.
According to rice experts, about 2 million tonnes of summer-autumn rice will be reserved for export. With an additional 300,000 tonnes of high-quality rice from the winter-spring crop in stock, Vietnam is expected to fulfil the signed export contracts this year.
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