Market news August 26

(VLO) The price of black tiger shrimp decreased by 50,000-70,000 VND/kg; The price increased, coconut growers were excited; Vietnamese longan price was 230,000 VND/kg in Thailand... are notable market information on August 26.

* Rice prices in the Mekong Delta remain stable

In An Giang , IR 504 rice is at 7,750-7,900 VND/kg; OM 5451 remains around 7,750-8,000 VND/kg; OM 18 rice is at 7,800-8,200 VND/kg; Nang Hoa 9 is at 7,800-8,200 VND/kg; Nang Nhen rice (dry) is at 15,000 VND/kg; Dai Thom 8 rice and Nhat rice are stable at 7,800-8,000 VND/kg.

*Price of tiger shrimp decreased by 50,000 - 70,000 VND/kg

Farmers in Kien Giang province are entering the main shrimp harvest season, but selling prices have dropped sharply compared to the first months of 2023.

Accordingly, the price of 30-piece/kg black tiger shrimp is 145,000-150,000 VND/kg, down 60,000-70,000 VND/kg; the price of over 30 pieces/kg is 110,000-120,000 VND/kg, down 50,000-60,000 VND/kg... The low price of shrimp is due to the impact of the global economic downturn, high inflation in many countries...

*Prices increase, coconut growers are excited

Coconut farmers in Ben Tre province are excited as the price of raw dry coconut has recently increased again. Currently, raw dry coconut is being sold by farmers in the province at the garden price to traders at 45,000-60,000 VND/dozen; dry coconut is purchased by businesses and coconut processing facilities at the factory at 65,000-70,000 VND/dozen.

The price of many types of fresh coconuts also increased by about 5,000 VND/dozen compared to last month, sold in bulk to traders and purchasing warehouses at 45,000-55,000 VND/dozen.

*Vietnamese longan price 230,000 VND/kg in Thailand

Vietnamese longan meeting GlobalGAP standards is currently priced at 230,000 VND/kg at Centralworld Shopping Center, Bangkok, Thailand.

This is the result of many efforts by Central Retail Group and its partners in promoting the export of Vietnamese longan fruit to the Thai market through modern retail channels.

It is expected that more than 2 tons of longan from the Mekong Delta region will be consumed at the Tops retail system of Central Retail Thailand on this occasion.

*Branded products will be allowed to be 100% discounted

The Ho Chi Minh City Department of Industry and Trade has just issued a plan to organize a branded promotional event in the city in 2023. The event, named in English “Flash Sale Holiday”, will take place from September 8-10 at Tan Son Nhat Pavilion Hotel (Phu Nhuan District).

Accordingly, all merchants participating in the program must have a promotional program and are allowed to apply a maximum limit on the value of promotional goods and services of up to 100%.

Source