As exports have been in a deadlock, the domestic price has been decreasing. According to Vo Thanh Do, a senior official of the Ministry of Agriculture and Rural Development, in the Mekong River Delta, fresh IR 50404 rice is traded at VND4,150-4,250 per kilo.“Though Vietnam has won the bid to provide 150,000 tons of rice to the Philippines, the domestic price is still on the decrease,” Do said.
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