Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >> Agriculture  >> Rice exports slump as prices rise
NEW UPDATES Asean Affairs  13 February 2014  

Rice exports slump as prices rise

Vietnam's rice shipments in January fell by 24 per cent compared with the same period last year even as export prices of the grain rose by 38.28 per cent.

According to figures released by the Viet Nam Food Association (VFA), Viet Nam exported 307,255 tonnes of rice at US$415.14 per tonne in January. The export volume is 24.11 per cent lower and the price is $38.28 per kg higher than the same period of last year.

Major exports were for the Philippines while shipments to China and African countries fell sharply. Meanwhile, demand for rice imports from traditional markets in the Southeast Asia ceased.

Viet Nam has maintained a large volume of fragile rice exports while shipping 25 per cent of its broken rice to the Philippines and 15 per cent to China.

The country is expected to ship between 300,000 and 350,000 tonnes in February 2014.

VFA has said Viet Nam will face harsh competition from other rice export countries this year.

According to the Department of Cultivation under the Ministry of Agriculture and Rural Development, between 1 January and 8 February 2014, Mekong farmers sowed 1.58 million ha of the 1.6 million ha of rice cultivation areas under the 2013- 14 winter-spring rice crop. Of these, 200,000ha was grown by high yielding rice varieties.

There are three main factors that will affect the world rice markets this year. The first being the coming election in Thailand, one of the world's largest rice exporters. Secondly, the harvest of the winter-spring crop in Viet Nam and lastly, demand from China and African countries which impact the global price of rice, said VFA.

To reach the target of 7 million tonnes of rice exports in 2014, VFA has boosted rice exports to African countries. Viet Nam's rice has been exported to 30 of the 55 African countries, including Ivory Coast, Ghana, Senegal, Angola, and Cameroon

According to a memorandum of understanding (MoU) signed between Viet Nam and Guinea in 2013, Viet Nam will supply 300,000 tonnes of rice per year to Guinea, between 1 April 2013 and 31 December 2015.

Another MoU on rice trade was signed between Viet Nam and Comoros, under which Viet Nam will ship 60,000 tonnes of rice to this African country between August 2013 and December 2015.

The Ministry of Industry and Trade this year will organise trade delegations to Angola and Ivory Coast, with the aim of signing trade deals with these countries.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    February 13, 2014 Subsribe Now !
• Corruption main cause of rice subsidy problems: NIDA survey Subcribe: Asean Affairs Global Magazine
• Rice exports slump as prices rise
• Airbus ProSky opens new offices in Singapore
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Singapore faces threat of early, prolonged haze
• Japanese outflows to Laos up 15%
Asean Analysis                    13 February  2014 Advertise Your Brand
• Asean Analysis-February 13, 2014
Asia-Pacific needs 11,000 aircraft over the next 20 years
Asean Stock Watch    12 February 2014
• Asean Stock Watch-February 12, 2014
The Biweekly Update
• The Biweekly Update  February 7, 2014

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand