HANOI Dec 28 Rice markets in the world's
biggest exporters of the grain saw barely any deals amid
Christmas and New Year holidays, traders said on Wednesday.
Prices in Vietnam, the world's third-biggest rice exporter,
were little changed from last week, with Vietnam quoting
5-percent broken rice RI-VNBKN5-P1 at $335-$345 a tonne, FOB
basis, compared with $335-$350 a week earlier.
"Market is just quiet during this Christmas and New Year
holiday; there's only a few traders selling domestically as they
have some stockpile left, but no exports," said a Ho Chi Minh
"There's some private contracts with the Philippines about
to be shipped and there's barely any order from China," said
another trader in Vietnam.
Vietnam is estimated to ship 4.88 million tonnes of rice in
2016, down 25.8 percent from a year earlier, the agriculture
ministry has said.
Thailand is also expected to have no new rice order until
after the New Year holiday.
"It's quiet... prices are the same in Thai baht, but the
depreciation of Thai baht made them look less in dollar terms,"
said a Bangkok-based trader.
The trader quoted the benchmark 5-percent broken
rice RI-THBKN5-P1 at $355-$360 a tonne on Wednesday, compared
to $360 a week ago.
(Reporting by Mai Nguyen in Hanoi; Additional reporting by
Pairat Temphairojana in Bangkok; Editing by Amrutha Gayathri)