Voluntary Report - public distribution

**Date:** 06/06/2006

**GAIN Report Number:** VM6033

VM5075

**Vietnam**

**Grain and Feed**

**Rice Weekly Update**

**2006**

**Approved by:**

![](media/image1.wmf)John Wade- US Embassy

#### FAS, US CON

**Prepared by:**

Tran Quoc Quan

**Report Highlights:**

Indicative export prices are almost unchanged compared with last week as
high demand from export markets has kept prices on the high side.

Includes PSD Changes: No

Includes Trade Matrix: No

Unscheduled Report

Hanoi \[VM1\]

\[VM\]

**Indicative Price (Week ending June 02, 2006)**

Vietnam Rice Export Prices (FOB basis) for various grades

<table>
<colgroup>
<col style="width: 14%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 8%" />
<col style="width: 12%" />
<col style="width: 14%" />
</colgroup>
<tbody>
<tr class="odd">
<td rowspan="2"><p>Grade</p>
<p>% Broken</p></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td></td>
<td colspan="2">Period Averages</td>
</tr>
<tr class="even">
<td>#1</td>
<td>#2</td>
<td>#3</td>
<td>#4</td>
<td>#5</td>
<td>#6</td>
<td>#7</td>
<td>Current Average</td>
<td><p>Previous</p>
<p>(May 26)</p></td>
</tr>
<tr class="odd">
<td>5</td>
<td>260</td>
<td>260</td>
<td>260</td>
<td>262</td>
<td>262</td>
<td>262</td>
<td>262</td>
<td>261.14</td>
<td>261.57</td>
</tr>
<tr class="even">
<td>10</td>
<td>255</td>
<td>256</td>
<td>256</td>
<td>258</td>
<td>258</td>
<td>258</td>
<td>258</td>
<td>257.00</td>
<td>257.29</td>
</tr>
<tr class="odd">
<td>15</td>
<td>250</td>
<td>252</td>
<td>250</td>
<td>252</td>
<td>252</td>
<td>253</td>
<td>253</td>
<td>251.71</td>
<td>251.86</td>
</tr>
<tr class="even">
<td>25</td>
<td>240</td>
<td>242</td>
<td>242</td>
<td>245</td>
<td>245</td>
<td>245</td>
<td>243</td>
<td>243.14</td>
<td>243.14</td>
</tr>
</tbody>
</table>

Source: Trade

Indicative export prices are almost unchanged compared with last week as
high demand from export markets has kept prices on the high side.
According to local press, the sharp increase of export price in the last
two weeks has left some local exporters facing difficulty in delivering
on contracts signed earlier at lower prices.

Local paddy prices were stable at VND2,400-2,450/kg for Winter-Summer.
Early Summer-Autumn was quoted at VND2,300/kg.

Exchange rate was \$1 to VND15,967 as of June 02, 2006, VND7 less
compare with last week, and VND11 less than two weeks ago.

**Exports**

######## The following are reported rice exports (metric tons) from May 20 to May 26, 2006.

  --------------- ------------ ------------ ---------------- ---------------
  Week ending     Quantity     4-WK Avg.    Year to date     Year ago

  Mar. 03         89,000       73,500       595,000          579,000

  Mar. 10         92,000       87,625       687,000          627,000

  Mar. 17         177,000      106,250      864,000          729,000

  Mar. 24         202,000      140,000      1,066,000        852,000

  Mar. 31         110,000      145,250      1,176,000        1,030,000

  Apr. 07         70,000       139,750      1,246,000        1,108,000

  Apr. 14         117,076      124,769      1,363,076        1,269,000

  Apr. 21         95,000       98,019       1,458,076        1,415,000

  Apr. 28         72,524       88,650       1,530,600        1,620,000

  May 05          139,400      106,000      1,670,000        1,710,000

  May 12          111,000      104,481      1,781,000        1,871,000

  May 19          85,000       101,981      1,866,000        1,981,000

  May 26          91,000       106,600      1,957,000        2,110,000
  --------------- ------------ ------------ ---------------- ---------------

End of report