The Mekong Delta has entered the end of the winter spring rice crop with prices remaining high.
|Farmers harvest rice in the Mekong Delta (Photo: SGGP)|
On Saturday, farmers sold rice right after harvest at the price of VND4,800-5,500 a kilogram. Dry rice price saw an extra increase of VND200-400 a kilogram.
This crop, Bac Lieu province cultivates Mot Bui Do rice yielding bumper crop and good price. Traders have paid VND6,000 a kilogram.
An Giang province grows many fragrant rice varieties fetching very high prices. The record high has gone to Nang Nhen rice with VND9,000 a kilogram. Nhat (Japanese) varieties fetch VND6,700-8,500 a kilogram.
The Mekong Delta sows over 1.5 million hectares of rice in the winter spring crop with the output estimated to reach 11 million tons.
Rice export volume to the Chinese market has been increasing this year.