Trade4go Summary
On December 25, 2024, Vietnam's rice market experienced a slight decrease in prices across various regions, including Long An, Bac Lieu, Dong Thap, and Sa Dec. The decline was observed in both domestic and export markets, with 100% and standard broken rice seeing a drop in price. This decrease is attributed to the slow volume of new transactions and the challenges faced by farmers due to fluctuating prices. To mitigate risks and support sustainable agriculture, farmers are encouraged to adopt rice crop damage insurance developed by Agribank Insurance. The Mekong Delta, a crucial rice production hub, is struggling with the environmental repercussions of straw burning and methane emissions from buried straw. In response, the Government has initiated a project to promote high-quality, low-emission rice cultivation, aiming for sustainable growth in the sector by 2030.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Domestic rice prices today, December 25 The rice market on December 25 is slightly decreasing in both rice and paddy products. Rice prices today (December 25) slightly decreased in some products. In many localities, farmers still offer high prices, new transactions are very few due to the continuous fluctuations in rice prices In Long An, new transactions are slow, traders have asked to buy a little but have not yet made many transactions. In Bac Lieu, new rice transactions are slow, farmers offer prices but traders mostly stop buying. Meanwhile, the rice price offered in Soc Trang increases, transactions are slow. In Dong Thap, many people stop buying or ask to probe prices but new transactions are very few. Similarly, rice prices today (December 25) also turned down slightly, the amount is small, most warehouses buy sparingly. In Sa Dec (Dong Thap), the amount of incoming rice is not much, large warehouses ask to buy rice moderately, fragrant and sticky rice is buying slowly, ...