HANOI: Vietnam has lowered the export price floor for 25 percent broken rice to $420 a tonne from $455 a tonne from Wednesday, in a move to boost exports, traders said.
Exporters will determine their own prices for the 5 percent and 10 percent broken varieties, based on the price floor for the 25 percent broken grain, traders from different companies said, quoting the Vietnam Food Association's decision.
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