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  • News on July 31st, 2020

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    31/07/2020 10:37:10
    MORNING MARKET TRENDS 31/7: According to AgroMonitor update, rice is back mediumly, the rice price has stabilized. The stockpiles slow down, haven't raised the buying price, observing the situation. Meanwhile, Philippinese business travelers have freed up the old goods at the port, returned to ask for more OM5451 and OM18 Summer-Autumn but are paying the price. Indonesian traders are buying a small amount of regular sticky rice. Demand for buying fragrant summer-scented sheets, a small source, high prices, the factory has no goods to sell. This morning, farmers continue to demand high prices of rice, most traders have not accepted to buy higher prices yesterday afternoon. Many people STOP BUY due to the high price, sell rice without profit, afraid that the price will fall. Summer-autumn rice is more abundant in Soc Trang, Tra Vinh and Bac Lieu. The output is weak, the traders push down the price of rice and trade slower.
     

     

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