Exportadores de arroz vendendo com prejuízo
6 de março de 2009 While consumers in Vietnam have to pay high prices for rice, export companies have to sell rice at low prices. Material rice has been increasing dramatically since the beginning of 2009 in the Cuu Long River Delta, the rice granary of the country, reports Vietnam.Net. According to analysts,
prices have been escalating steadily because export companies have been collecting more rice from farmers, even though the peak crop has not yet arrived.
Nguyen Thi Thu Nguyet, former Secretary General of the Vietnam Food Association, recommends exporters should be sure that they have at least 70%-80% of export volume before signing contracts, in order to avoid losses. However, Vietnamese companies always sign contracts
first, after which they purchase rice to fulfill the contracts. According to some rice export companies some importers are paying $410-$420/tonne for Vietnamese 5% broken rice, causing exporters to lose $40-50/tonne on contracts signed in January 2009 at $370-380/tonne. As of early March, Vietnamese exporters had signed contracts for 3 million tonnes of rice, of which only two of the three tonnes can sell for higher prices, according to export companies. Some 5% broken rice can be sold at $430/tonne, while the remaining volume will be sold at at $370-380/tonne.
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