Live Breaking News & Updates on Vietnam Import Of Higher Graded Rice From India

Now, Vietnam begins buying higher grade rice from India
April 12, 2021
Charges for shipping to Indonesia and Malaysia have doubled to $40/tonne, while for Africa they have risen to $90/tonne   -  REUTERS
The move will help reduce FCI’s burden on storage and handling costs, say exporters
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Charges for shipping to Indonesia and Malaysia have doubled to $40/tonne, while for Africa they have risen to $90/tonne   -  REUTERS
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Vietnam, which resumed rice imports from India after decades purchasing lower priced 100 per cent broken variety, has now begun to buy better quality grades to meet its other domestic needs.
“Vietnam is buying five per cent broken white rice from us since its production is lower. This five per cent broken is used for supply to its defence forces and industrial users,” said M Madan Prakash, Agri Commodities Exporters Association (ACEA) President. ....

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