The price increase was attributed to a surge in the proportion of high-quality rice such as fragrant, glutinous, and specialty rice.
High-quality rice is accounting for 50% of the total export volume and sold at 600 - 1,000 USD per tonne at present.
Experts predicted that favourable conditions will remain for rice export and prices will stay good in the short term as the share of high-quality rice is increasing and global economic and political uncertainties are boosting food stockpiling demand.
