‘Weak PHL demand weighs on Vietnam rice exports’

Quick Summary:

Vietnamese rice export prices declined by as much as $59 per metric ton (MT) since December due to tepid demand in the Philippines, according to the United States Department of Agriculture (USDA).

The international agency adjusted downward Thailand and Vietnam’s rice exports to 7.5 MMT in 2025 due to reduced demand from Indonesia.

Meanwhile, the PSA said the price of well-milled rice also shrank by 4.1 percent to P47.08 per kilo last month, from P49.11 a year ago.

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Article Details

Author / Journalist: Ada Pelonia

Category: BusinessStartups

Markets: PhilippinesBangladeshChinaIndiaIndonesiaPakistanThailandUnited StatesUruguayVietnam

Topics: Percent Rice Demand Lower Based Usda Kilo Prices Data Quotes December

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 16:08:00 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 25084005

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 32 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 16 hours ago

Coverage Areas: Philippines

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Publication Timezone: GMT +8:00

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Publisher ID: #37

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