Vietnam Nearly 2.7 million tonnes of rice exported in five months

Over 700,000 tonnes of rice were exported in May, bringing the total amount of exported rice in the first five months to nearly 2.7 million tonnes worth around US$1.2 billion. These figures were released by the Vietnam Food Association (VFA) at a meeting held in An Giang province on June 3, to review the rice export over the first five months and plan for rice export in June and rice consumption in the summer-autumn crop. The VFA said that Vietnam’s export price of 5% broken rice is currently put at US$370 per tonne, an around US$30 per tonne increase over early April this year. According to the VFA, 700,000 tonnes of rice will be exported in June, making up 3.35 million tonnes in exported rice volume in the first six months, about 300,000 tonnes lower than that of the same period last year.