{"id":6196,"date":"2023-08-02T06:49:12","date_gmt":"2023-08-02T06:49:12","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=6196"},"modified":"2023-08-02T06:49:13","modified_gmt":"2023-08-02T06:49:13","slug":"thai-vietnamese-exporters-renegotiate-for-500000-tonnes-of-rice-deals","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/thai-vietnamese-exporters-renegotiate-for-500000-tonnes-of-rice-deals\/","title":{"rendered":"Thai, Vietnamese exporters renegotiate for 500,000 tonnes of rice deals"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-12.png\" alt=\"\" class=\"wp-image-6197\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-12.png 1024w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-12-600x450.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-12-300x225.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/08\/image-12-768x576.png 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>SINGAPORE: Rice exporters in Thailand and Vietnam are re-negotiating prices on sales contracts for around half a million metric tons for August shipments, two trade sources said, as India\u2019s ban has tightened global supplies.<\/strong><\/p>\n\n\n\n<p>Exporters are rushing to cover rice supplies from farmers who have raised prices following a surge in the world market, putting millions of dollars worth of deals at risk.<\/p>\n\n\n\n<p>India late last month banned white rice exports amid uncertainty over domestic production, heightening food supply worries among importers of the staple in Asia and Africa.<\/p>\n\n\n\n<p>\u201cPrices have gone up since India banned exports and it is difficult for suppliers to fulfil contracts signed at lower prices,\u201d said one Singapore-based trader, with direct knowledge of talks. Thailand and Vietnam, the world\u2019s No. 2 and 3 exporters respectively, are estimated to ship more than one million metric tons of rice in August. India is the world\u2019s biggest rice exporter accounting for around 40% of global supplies.<\/p>\n\n\n\n<p>Global prices of key rice varieties shipped worldwide have climbed by about $80 per metric ton since India imposed the ban on July 20, they said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Rice exporters in Thailand and Vietnam are re-negotiating prices on sales contracts for around half a million metric tons for August shipments, two trade sources said, as India\u2019s ban has tightened global supplies. Exporters are rushing to cover rice supplies from farmers who have raised prices following a surge in the world market, putting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6197,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176],"tags":[160,159],"class_list":["post-6196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-rice-export","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thai, Vietnamese exporters renegotiate for 500,000 tonnes of rice deals - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thai, Vietnamese exporters renegotiate for 500,000 tonnes of rice deals - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE: Rice exporters in Thailand and Vietnam are re-negotiating prices on sales contracts for around half a million metric tons for August shipments, two trade sources said, as India\u2019s ban has tightened global supplies. 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