Rice prices decreased by 150-300 VND/kg; paddy prices also decreased slightly.

Today, August 29th, rice prices in the Mekong Delta region decreased for both rice and paddy. Rice prices fell by 150-300 VND/kg, while paddy prices decreased slightly by 100-200 VND/kg.

Observations in localities across the Mekong Delta today show that new rice transactions are slow, farmers are quoting stable prices, and prices remain high.

Giá lúa gạo hôm nay 29/8/2024: Giá gạo giảm 150 -300 đồng/kg; giá lúa giảm 100 - 200 đồng/kg

Rice prices today, August 29, 2024: Rice prices decreased by 150-300 VND/kg; paddy prices decreased slightly.

According to an update from the Department of Agriculture and Rural Development of An Giang province, today's rice prices have seen a slight decrease compared to yesterday. IR 50404 rice is fluctuating around 7,900 - 8,000 VND/kg; Dai Thom 8 rice is down to 8,400 - 8,600 VND/kg, a decrease of 200 VND/kg; OM 5451 rice is down to 8,100 - 8,300 VND/kg, a decrease of 100 VND/kg; OM 18 rice is priced at 8,400 - 8,600 VND/kg, a decrease of 200 VND/kg; OM 380 rice is fluctuating from 7,600 - 7,800 VND/kg; Nhat rice is at 7,800 - 8,000 VND/kg and Nang Nhen (dried) rice is at 20,000 VND/kg.

In addition, the glutinous rice market remained stable compared to yesterday. IR 4625 glutinous rice (fresh) was priced at 7,400 - 7,600 VND/kg, unchanged from yesterday. An Giang glutinous rice (fresh) was priced at 7,000 - 7,200 VND/kg, also unchanged from yesterday.

The rice market in localities across the Mekong Delta today generally saw low supply, limited availability of high-quality rice, slow purchasing by warehouses, and a slight decrease in prices.

Regarding rice, prices have been adjusted compared to yesterday. Currently, IR 504 summer-autumn raw rice is priced at 11,150 - 11,300 VND/kg, a decrease of 250-300 VND/kg; finished IR 504 rice is priced at 13,300 - 13,400 VND/kg, a decrease of 150 VND/kg.

By-product prices today have seen adjustments compared to yesterday. Currently, the price of OM 5451 broken rice has decreased to 9,300 - 9,400 VND/kg, down 100 VND/kg; the price of dry rice bran remains at 6,900 - 7,050 VND/kg.

At retail markets, rice prices remained unchanged for individual rice varieties. Currently, Nang Nhen rice is listed at the highest price of 28,000 VND/kg; Jasmine rice at 18,000 - 20,000 VND/kg; Nang Hoa rice at 20,000 VND/kg; regular white rice fluctuating around 15,000 - 16,000 VND/kg; long-grain Thai fragrant rice at 20,000 - 21,000 VND/kg; Huong Lai rice at 20,000 VND/kg; Taiwanese fragrant rice at 21,000 VND/kg; common white rice at 17,000 VND/kg; regular Soc rice at 18,500 VND/kg; Soc Thai rice at 20,000 VND/kg; and Japanese rice at 22,000 VND/kg.

On the export market, Vietnamese rice export prices have been adjusted compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice remained at US$440/ton; standard 5% broken rice decreased to US$578/ton, down US$1; and 25% broken rice decreased to US$545/ton, down US$2.