What is the price of rice now?
The World Rice Outlook Report released by the US Department of Agriculture last week showed that the world rice price rose sharply in July due to the strong demand for steamed rice and white rice. At present, the price of Thailand 100%b-grade rice is $246 per ton, which is 16 USD higher than that in June. The price of rice in Vietnam is also very strong. At present, the price of rice with a crushing rate of 5% is $232 per ton, which is $4 higher than that in June. Indian rice with a crushing rate of 5% was quoted at $252 per ton, down $3. International rice is soaring, but it is estimated that China has limited room for growth, because China eats its own rice, not imported. I don't know when it will be the highest, but one thing is certain: the price of rice will rise by 30-40% this year, and it may be the highest at the end of the year.