Mr. Le Ba Anh, Deputy Director of the Department of Quality, Processing and Market Development, stated this at the Ministry of Agriculture and Environment 's regular press conference on September 4th.
Accordingly, Philippine President's Executive Order No. 93 suspends imports for 60 days, the purpose being to protect the Philippine harvest during this period.
Ministry of Industry and Trade Official letters have been sent to associations, provinces, and businesses, requesting that rice exporting companies purchase and stockpile rice to stabilize the price of raw rice for export in the coming period.
Regarding Presidential Decree 93 of the Philippines, although it suspends operations for 60 days, it requires the Philippine Department of Agriculture to reassess the situation within 30 days, and this suspension may be shortened," Mr. Ba Anh added.
According to the Ministry of Agriculture and Environment, in August 2025, export rice prices in the Asian market uniformly decreased. Indian rice prices hit their lowest point since August 2022. Rice prices Thailand The price has decreased due to sluggish demand.
Meanwhile, Vietnamese rice prices rose as buyers in the Philippines stockpiled ahead of the import suspension, before falling again.
Specifically in Thailand, the price of 5% broken rice decreased by $16/ton to $354/ton; 100% white rice (grade B) decreased by $16/ton to $364/ton; and 25% broken rice dropped sharply by $20/ton to only $333/ton.
In Vietnam, 5% broken rice recorded an upward trend, reaching a peak of US$395/ton on August 20th, before reversing and currently standing at US$389/ton; 25% broken rice increased to US$371/ton, then decreased to US$367/ton; 100% broken rice increased to US$339/ton, then decreased to US$333/ton; and premium Jasmine fragrant rice increased to US$561/ton, then decreased to US$545/ton.
In India, the price of 5% broken rice fell by $2/ton to $376/ton and 25% broken rice fell by $2/ton to $360/ton.
On average in August 2025, the price of key exported rice products, 5% broken rice from Thailand, decreased by 17 USD/ton, Vietnam by 12 USD/ton, and Pakistan by a sharp 26 USD/ton compared to the average price in July 2025.
The Ministry of Agriculture and Environment also stated that the volume of rice exports in August 2025 is estimated at 770,000 tons with a value of 344 million USD, bringing the total volume and value of rice exports in the first eight months of 2025 to 6.3 million tons (an increase of 2.2% compared to the same period last year) and 3.17 billion USD (a decrease of 17.5%).
The average export price of rice in the first eight months of 2025 is estimated at 504.9 USD/ton, a decrease of 19.3% compared to the same period in 2024.
The Philippines is Vietnam's largest rice market, accounting for 42.4% of the total. Ghana and Ivory Coast are the next two largest markets, with market shares of 11.7% and 10.7%, respectively.
Compared to the same period last year, the value of rice exports in the first seven months of 2025 to the Philippines decreased by 15.6%, to Ghana increased by 44.4%, and to Ivory Coast increased by 88.9%.
Among the top 15 rice export markets, the value of rice exports increased most significantly in Bangladesh, with a 188.4-fold increase, while the sharpest decline was in Malaysia, with a 54.4% decrease.
Source: https://baoquangninh.vn/de-nghi-doanh-nghiep-mua-du-tru-lua-gao-khi-philippines-dung-nhap-khau-60-ngay-3374494.html
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