2010-12-05

Global Snapshot: Vietnam raises rice export floor prices

(News resource: http://news.yahoo.com/)

According to Dec. 3 Reuters news, Vietnam raised the export floor price for 5 percent broken rice by 13.7 percent on Friday to $540 a tonne, the Vietnam Food Association said. It also increased the minimum export price for 25 percent broken rice to $480 a tonne, free-on-board basis, from $445 in place since Nov. 12, and said the new floors were applied for deals with shipment during December. VFA did not give any further details.

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