Rice exports from Vietnam reach 5.32 million tons, group says

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Vietnam, the world’s second-largest rice exporter, shipped 5.32 million metric tons from the start of the year to Aug. 31, the Vietnam Food Association said. Shipments were 697,642 tons in August, the association said in a statement on its website Sept. 1. Vietnam may ship 7.3 million metric tons of rice in 2011, Vietnam’s agricultural…


Coffee rises on Brazil, Vietnam stockpiles; sugar, cocoa gain

Coffee futures rose to the highest in more than three months in New York on signs of limited global supplies. Sugar and cocoa also climbed. World coffee exports fell to 7.35 million bags in July from 8.2 million bags a year earlier, the International Coffee Organization said today. Vietnam, the world’s largest grower of the…


Vietnam coffee said to be trading at a discount before record production

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Buyers are demanding a discount for Vietnam’s coffee crop starting in October on speculation of record output, according to three people involved in the trade. The beans are trading at $70 to $90 a metric ton below the price on the NYSE Liffe exchange in London, according to the people, who declined to be identified…


Vietnam’s coffee crop may start early on weather, ABN Amro says

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Harvesting of the 2011-12 coffee crop in Vietnam, the largest producer of the robusta variety, may start a month earlier than usual due to favorable weather, according to ABN Amro Bank NV and researcher VM Group. The Southeast Asian will produce 21.5 million 60 kilogram (132.3 pound) bags of robusta beans next season and 400,000…


Cuba to recieve rice growing techniques from Vietnam

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HAVANA (Commodity Online) : Cuba will cooperate with Vietnam to boost its Rice production which had fallen off late. Vietnamese-Cuban cooperation project to promote rice growing in Cuba provides for technology transfer to the Grain Research Institute (IIGranos). Training course on rice cultivation techniques lectured by Vietnamese experts opened in the Cuban western province of…


Vietnam’s rice export in 2011 likely to exceed 2010′s record

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Vietnam’s rice export this year may reach over seven million tonnes, up 3.5% year on year, according to the plan of Vietnam Food Association (VFA). The Ministry of Industry and Trade confirmed that Vietnam’s rice export in 2011 is expected to exceed the record in 2010 with an export volume of over seven million tones,…


Vietnam’s coffee exports estimated at US$2.1 bil in eight months

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Vietnam is expected to export 40,000 tonnes of coffee worth US$86 million in August, according to the Ministry of Agriculture and Rural Development (MARD). The figure will raise the total value of coffee exports in eight months to US$2.1 billion, up 72.2 percent compared to the same period last year. Currently, the domestic price of…


Vietnam’s August coffee exports drop 49% as stockpiles dwindle

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Coffee shipments from Vietnam, the world’s second-largest exporter after Brazil, may have fallen 49 percent to 40,000 metric tons in August from the year before after accelerating sales earlier in the year thinned stocks. The preliminary figures, which may be revised, compare with exports of 78,000 tons in August 2010 and 53,000 tons last month,…


Vietnam sells another 300,000 tons of rice to Indonesia

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Hanoi. Vietnam’s top rice exporter Vinafood 2 has sealed a new contract to sell 300,000 metric tons of the grain to Indonesia Hanoi. Vietnam’s top rice exporter Vinafood 2 has sealed a new contract to sell 300,000 metric tons of the grain to Indonesia following a larger deal last month, a state-run newspaper said, which…


Vietnam premiums dip; Indonesia offers new crop

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Premiums for Vietnam’s robusta coffee slipped from an all-time high ahead of the new harvest in October, while trading slowed to a trickle in neighboring Indonesia before a Muslim religious festival, dealers said on Wednesday. Vietnam’s grade 2, 5 percent black and broken beans for August shipment were $110 a ton above London’s September contract,…


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