Voluntary Report - public distribution

**Date:** 06/14/2004

**GAIN Report Number:** VM4036

VM4018

**Vietnam**

**Grain and Feed**

**Rice Weekly Update**

**2004**

**Approved by:**

![](media/image1.wmf)Henry Schmick

U.S. Embassy

**Prepared by:**

Tran Quoc Quan

**Report Highlights:** Export rice prices were stable and mostly
unchanged from end of the previous week in response to weak market
demand.

Includes PSD Changes: No

Includes Trade Matrix: No

Unscheduled Report

Hanoi \[VM1\]

\[VM\]

**Indicative price (Week ending June 4, 2004)**

Vietnam rice export prices (FOB basis) for various grades

<table>
<colgroup>
<col style="width: 13%" />
<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: 16%" />
</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 28)</p></td>
</tr>
<tr class="odd">
<td>5</td>
<td>232</td>
<td>232</td>
<td>231</td>
<td>231</td>
<td>231</td>
<td>232</td>
<td>232</td>
<td>231.57</td>
<td>231.29</td>
</tr>
<tr class="even">
<td>10</td>
<td>230</td>
<td>230</td>
<td>228</td>
<td>228</td>
<td>228</td>
<td>230</td>
<td>229</td>
<td>229.00</td>
<td>228.43</td>
</tr>
<tr class="odd">
<td>15</td>
<td>226</td>
<td>225</td>
<td>224</td>
<td>224</td>
<td>225</td>
<td>226</td>
<td>225</td>
<td>225.00</td>
<td>224.29</td>
</tr>
<tr class="even">
<td>25</td>
<td>222</td>
<td>222</td>
<td>221</td>
<td>221</td>
<td>222</td>
<td>223</td>
<td>222</td>
<td>221.86</td>
<td>220.86</td>
</tr>
</tbody>
</table>

Source: Average indicative prices from exporters

Export rice prices were stable during the week and mostly unchanged from
the previous Friday in response to weak market demand. Traders signed
few small-quantity export contracts at prices that were lower than
offered prices (see table above) by \$1-2/mt.

**Exports**

######## The following are reported rice exports (metric tons) from May 29 to June 04, 2004

+--------------+-----------+-----------+---------------+--------------+
| **Week       | **Q       | **4-WK    | **Year to     | **Year ago** |
| ending**     | uantity** | Avg.**    | date**        |              |
+--------------+-----------+-----------+---------------+--------------+
| ##           | 97,000    | 130,000   | 1,502,000     | 1,318,000    |
| ##### May 07 |           |           |               |              |
+--------------+-----------+-----------+---------------+--------------+
| ##           | 83,000    | 83,750    | 1,585,000     | 1,395,000    |
| ##### May 14 |           |           |               |              |
+--------------+-----------+-----------+---------------+--------------+
| ##           | 80,000    | 96,250    | 1,665,000     | 1,470,000    |
| ##### May 21 |           |           |               |              |
+--------------+-----------+-----------+---------------+--------------+
| ##           | 110,000   | 92,500    | 1,775,000     | 1,610,000    |
| ##### May 28 |           |           |               |              |
+--------------+-----------+-----------+---------------+--------------+
| ###          | 100,000   | 93,250    | 1,875,000     | 1,785,000    |
| #### June 04 |           |           |               |              |
+--------------+-----------+-----------+---------------+--------------+

Vietnam's exports for the entire month of June are estimated at 300 tmt;
that would make the January-June export total sum to 2.1 million metric
tons.

End of Report