So still found it to be the policy on is still not fully effective and so much concern. The big problem is still to economic development, but for file, then raise prices, and promoting exports are the measure of integrity or not? Furthermore if this situation continues long-term will do your farmers are losing faith in the market. This causes a result goes against the wishes of the State. We continue to see the bad signals from the grain markets as follows:
landmark Polls 5,000 kilo
rice export contract is missing so the price hike stilts add $ 10/tonne still cannot stop the momentum off the strength of the domestic rice market. And this is the 5th time in a row the domestic rice price plummet since the beginning of the autumn-winter (rice 3) up to date. Once this reduction has pulled the price of rice falls below the landmark 5,000 kilo rice for IR 50404.
Says Nair, traders bought rice at the American East Almond Township, district of Cai Lay, Tien Giang said, continuing the momentum of a discount because the market had difficulty, the price of rice in the MEKONG DELTA in the early days of 2012 continues to lose 100-200 VND/kg, down 4,900 4,850-price/kg for fresh rice 50404 IR and 5,800-5,900 VND/kg for dry rice. This is the 5th time in a row since the fall winter price of rice plummeted and lower the price of the last day of 2011 and 100-200 kilo.
The price of long grain husked OM OM OM, 1490, 5451 4218..., also reduced to 100-200 kilo down the price of 6,000-6,200/kg for dry rice (depending on type) and 5,000-5300/kg for fresh rice harvested by combine harvester.
rice price plummeted, not only in the beginning of this year 2011raw rice prices continued to plummet. According to rice trading businesses in Tan Binh District, Township, Cai lay district and market Was, CAI be district, Tien Giang, raw rice of rice varieties IR 50404 only 7,700-7,800/7,950-7,800 kg/kg for rice raw rice 5% broken, falling 100-150/kg compared to the price the last days 2011.
Rice price is the focal point for the purchase of grain trading around 8,400-8,500 VND/kg for rice of rice varieties IR 50404; 9,800-9,900/kg for rice 5% broken; 9,400-9,500 VND/kg for rice 15% broken.
export "luck", internal deadlock
according to VFA, except for the contracts with the mass of 600 thousand tons of rice have already been signed with Indonesia and Malaysia to date has not had new rice export contracts would be signed with the Philippines. This makes the situation of exports in 2011 are forecast to become more difficult, especially when the winter-spring rice crop for 2011-2012 begins.
during one interview, the Saigon economic times Online, said Pham Quang Diệu, specialist corporate grain industry analysis and forecast of Vietnam (Agromonitor) said, domestic rice prices in Vietnam will continue due to the bleak prospects for export markets are experiencing many difficulties.
"up to now, prospects for rice export markets of Vietnam in 2012 is very faint. If you still "see" through the middle of this you then the domestic rice market will be more worse when winter-spring rice crop began to harvest the abundant supply, "-she Three Light, Director of the Corporate Finance market, Jin Was, the Cai, the business unit export and domestic rice said.
According to the rice exporters, the export market of the Philippines will also continue to experience many difficulties due to pressures from low-cost rice supply of India and Pakistan.
not only exports suffered, grain consumption market in the immediate inland on early 2012 wheat, this bleak, although not so much merchandise. Mr. Tran Van Thuan, traders to buy grain at the market Was saying: "Does the situation of domestic rice consumption in the region is very slow, although the price is down so low but we still do not dare to draw on for fear of losses".
However we don't so that negates the efforts of the Government. What are the advantages of it. So let's take a look back and assess the Government's measures are objectively for.
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