Rice prices climb upwards

The Mekong Delta has entered peak harvest time of winter spring rice crop after Tet holidays (Photo: SGGP)

After continuously falling, winter spring rice prices have begun to inch up in the Mekong Delta provinces in recent days.

Fresh normal rice price ranged from VND4,200-4,300 a kilogram in Dong Thap, Vinh Long, Can Tho and An Giang on February 23. High quality rice was paid VND4,400-4,500 a kilogram while fragrant variety fetched VND5,000 a kilogram.

The prices increased an average of VND200-400 a kilogram over early February. The Mekong Delta provinces have entered peak harvest time of winter spring crop after Tet holidays.

Huynh Phu Loc, trader from Lai Vung district of Dong Thap province, said that they had begun purchasing rice after three days of Tet and export businesses have also run their business operation again. Rice price is expected to further edge up in the next days.

By Ngoc Dan - Translated by Hai Mien

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