Rice exports were difficult in the first quarter of this year

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Estimated rice exports the first four months of 2015 the country will reach 1.4 million tons, of which 900,000 tons quarter 1/2015 and 4/2015 month was 500,000 tons.

Processing of rice in food processing enterprises senior Tan Tuc, Binh Chanh, TP. Ho Chi Minh City. (Photo: Dinh Hue / VNA)

Mr. Huang Minghui, general secretary of the Vietnam Food Association said that this number is very small compared with the same period the previous year.

According to Mr. Huang Minghui, usually, Q1 of this year, Vietnam exported about 1.2 to 1.4 million tonnes from. But this year, the situation is very difficult to export rice because rice contracts in 2014 moved to quarter 1/2015 very low, so it will affect exports Q1.

If Q1 is low rice exports will affect the second quarter and the effect of domestic rice consumption in 2014-2015.

Huang Minghui He also said that the greatest impact of Vietnam's rice export market China. This year, China is expected to buy about 4 million tons of rice but signed with Thailand 2 million tons.

Myanmar also exports to China should formally rice exports this nation will rise. Thus "cake" rest will be distributed to many countries plus China will strengthen cross-border exports to Vietnam to export rice difficulty in this market.

Besides, the opening of new markets also difficult due to the new markets are high end market and the expansion of new markets must be accompanied by quality assurance.

2014, the main export markets of Vietnam's rice Africa but Vietnam has lost nearly 60% of this market due to higher prices of rice Vietnam Thailand, even higher than the US $ 30-40 / ton for Thai Lan exhaust warehouse.

"This year, prices cheaper than Thailand, Vietnam and the current quality of rice, Vietnam can fully restore the African market, and the market tend to buy from March, April, "said Huang Minghui forecast.

In the first two months of 2015, the volume of 526,000 tons of rice exports reached 243 million, down 33.1% in volume and 34% in value compared with the same period last year.

Rice export price per month 1/2015 reached $ 470.5 / ton, down 1.36% compared with the same period in 2014.

Most notable are the two markets Cote d'I voire Gana and the sudden growth in January, ranked 2nd and 3rd in the market of Vietnam's rice imports, accounting for 31.19% of the market the part. /.