VN To Export 100,000 Tonnes Of Rice To Malaysia

HO CHI MINH CITY: Vietnam Southern Food Copt., Vinafood II, will export 100,000 tonnes of 5% broken rice to Malaysia at the price of US$460 per tonne, Vietnam News Agency (VNA) reported Monday citing a contract that has been concluded.

Under the contract, the largest one in the last two months, the rice will be delivered between now and December with the seller paying the freight (CF).

Vietnamese free-on-board (FOB) rice of the same quality has recently been offered at between US$390-400 per tonne, compared to US$380 per tonne early last week. (Bernama)

MySinchew 2008.11.24