Vietnam fragrant rice price hits 4-month high as exporters hold back fresh offers

Vietnamese fragrant rice prices rose to their highest level in nearly four months as exporters held back offers to prioritize existing contracts and rebuild inventories amid rising production costs, market sources told Platts, part of S&P Global Energy, April 7. Platts assessed Vietnam Fragrant 5% rice at $436/ metric ton FOB on April 6, up 1.4% day over day and 6.6% month over month, marking theVietnamese fragrant rice prices rose to their highest level in nearly four months as exporters held back offers to prioritize existing contracts and rebuild inventories amid rising production costs, market sources told Platts, part of S&P Global Energy, April 7. Platts assessed Vietnam Fragrant 5% rice at $436/ metric ton FOB on April 6, up 1.4% day over day and 6.6% month over month, marking theRead More