Rice prices decreased by 50-100 VND/kg; paddy prices increased slightly.

Today, August 28th, rice prices in the Mekong Delta region decreased, with rice prices falling by 50-100 VND/kg, while paddy prices increased slightly by 100 VND/kg.

Observations in localities across the Mekong Delta today show that the rice market is slow, farmers are offering a large quantity of autumn-winter rice for sale, and rice prices are fluctuating only slightly.

Rice prices today, August 28, 2024: Rice prices decreased by 50-100 VND/kg; paddy prices increased 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 increase compared to yesterday. IR 50404 rice is priced around 7,900 - 8,000 VND/kg, up 100 VND/kg; Dai Thom 8 rice is priced at 8,600 - 8,800 VND/kg; OM 5451 rice is priced at 8,200 - 8,400 VND/kg; OM 18 rice is priced at 8,600 - 8,800 VND/kg; OM 380 rice is priced 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 is generally characterized by low supply, scarcity of high-quality rice, abundance of substandard rice, slow transactions, and a downward price trend.

Regarding rice, prices have been adjusted compared to yesterday. Currently, IR 504 summer-autumn raw rice is priced at 11,450 - 11,550 VND/kg, a decrease of 50 - 100 VND/kg; finished IR 504 rice is priced at 13,450 - 13,550 VND/kg, a decrease of 50 VND/kg.

By-product prices today have seen adjustments compared to yesterday. Currently, the price of OM 5451 broken rice remains at 9,400 - 9,500 VND/kg; the price of dry rice bran has decreased to 6,900 - 7,050 VND/kg, down 100 VND.

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 remained unchanged compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice stayed at US$440/ton; standard 5% broken rice stayed at US$579/ton; and 25% broken rice stayed at US$547/ton.

* This information is for reference only.

Source: https://congthuong.vn/gia-lua-gao-hom-nay-2882024-gia-gao-giam-50-100-dongkg-gia-lua-tang-nhe-341931.html