News on August 10, 2020

MARKET TREND DAY 10/8: According to the update AgroMonitor, rainy weather, less rice in factories. Even some factories do not have rice. Meanwhile, some warehouses need goods to ask to buy more rice from TP DT8 Winter - Spring, Jasmine Winter - Spring and fragrant broken rice to deliver to international traders to Africa. Winter - Spring goods attract high prices. Some batches of rice in TP DT8 Summer - Autumn with good quality and low quality of 15% are sold with high demand. TP OM5451 rice source is few, beautiful, bright white face, high price, warehouse need to buy to mix and deliver to Philippines traders. At the beginning of the week, the dry rice was EXCELLENT, but the source was still small, the price was 100-200 VND/kg compared to the previous week, the factory accepted to buy as goods. The market for fresh rice continues to TRADE SLOWLY. Some farmers ask for high prices, traders need to accept the delivery of goods, some still stop buying due to concerns about poor quality, and withdrawing sales. HT rice less and less, mainly piling in Soc Trang, Bac Lieu.