Vietnamese rice exporters informed to honour agreements

Vietnamese rice exporters informed to honour agreements

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As costs rise, minister states attempting to renegotiate offers will hurt nation’s credibility PUBLISHED : 4 Aug 2023 at 17: 22 UPDATED : 4 Aug 2023 at 19: 47 A farmer strolls through a rice paddy in Hanoi. (Photo: AFP) HANOI: Vietnam’s trade minister hasactually called on the nation’s rice exporters to honour their export agreements to keep need regardlessof a current rise in costs for the staple grain. Prices of 5% Vietnamese damaged rice increased to a 15-year high of $590 to $600 per tonne on Friday, up from a variety of $550 to $575 a week ago, traders stated, after India on July 20 bought a stop to its biggest export classification to keep domestic rates in check. Two trade sources stated earlier this week that
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