Rice prices in Vietnam's Mekong Delta reach decade high following India's export ban


HANOI (Bernama-VNA): Rice prices in Vietnam’s Mekong Delta region last week surged to the highest level recorded in the past 10 years, triggered by India's recent ban on the export of non-basmati white rice.

The price of Vietnam's 5 per cent broken rice on July 27 skyrocketed to an unprecedented range of US$550-575 per tonne, marking the highest price since 2011. Just one week earlier, the same grade of rice was priced at a more moderate range of US$515-525 per tonne, according to Vietnam News Agency (VNA).

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Vietnam , rice , India , Price , Mekong Delta , decade High

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