Rice price today November 4: Exported materials slightly decreased

Prices of IR 504 and Soc Det raw rice decreased slightly while the domestic rice market and export prices remained largely unchanged. Purchasing power in the market remained slow.

Export price of raw rice slightly decreased

According to the update on November 4, the rice market in the Mekong Delta region recorded a slight adjustment in some raw rice products for export. Specifically, IR 504 rice and Soc sticky rice decreased by 50 - 100 VND/kg. Meanwhile, the prices of other domestic rice and paddy remained stable, and purchasing power in the market remained slow.

Illustration photo/TL.

Rice price developments in An Giang

Data from the Department of Agriculture and Environment of An Giang province shows the specific fluctuations of raw rice and finished products as follows:

Rice type	Price (VND/kg)	Change
Raw rice IR 504	7,600 – 7,800	50% off
Sticky Soc rice	7,500 – 7,600	100 VND discount
Raw rice OM 5451	7,950 – 8,100	Stable
CL 555 raw rice	7,600 – 7,800	Stable
Raw rice OM 18	8,500 – 8,600	Stable
Raw rice OM 380	7,800 – 7,900	Stable
Finished rice OM 380	8,800 – 9,000	Stable
Finished rice IR 504	9,500 – 9,700	Stable

Fresh rice and retail rice prices remain stable

Fresh rice price at the field

Prices of fresh rice purchased at the field in the area did not record any fluctuations today:

• OM 5451 rice: 5,300 - 5,500 VND/kg
• OM 18 rice: 5,500 - 5,700 VND/kg
• IR 50404 rice: 4,800 - 5,000 VND/kg
• Dai Thom 8 rice: 5,600 - 5,800 VND/kg
• Nang Hoa 9 rice: 6,000 - 6,200 VND/kg
• OM 308 rice: 5,700 - 5,900 VND/kg

Rice prices at retail markets

At retail outlets, the price of popular consumer rice remains stable. Nang Nhen rice continues to be the most expensive variety, at VND28,000/kg.

Rice type	Price (VND/kg)
Nang Nhen Rice	28,000
Jasmine Rice	22,000
Japanese rice	22,000
Nang Hoa Rice	21,000
Long grain Thai fragrant rice	20,000 – 22,000
Soc Thai Rice	20,000
Jasmine fragrant rice	16,000 – 18,000
Regular Soc rice	16,000 – 17,000
Regular white rice	16,000

Stable export market

In the world market, Vietnam's rice export prices remained unchanged compared to the end of last week. According to the Vietnam Food Association (VFA), the prices of key commodities are listed as follows:

• 5% broken fragrant rice: 415 – 430 USD/ton
• 100% broken rice: 314 – 317 USD/ton
• Jasmine rice: 478 – 482 USD/ton

Exporters said domestic rice supplies remain abundant after the summer-autumn crop. However, demand from Asian markets has not yet increased strongly, making it unlikely that export prices will increase dramatically in the short term. In addition, the Philippines and Indonesia’s tightening of import regulations is also creating certain challenges for Vietnam’s rice exports.

Vietnam's rice exports face difficulties as the Philippines and Indonesia tighten imports.

Source: https://baolamdong.vn/gia-gao-hom-nay-411-nguyen-lieu-xuat-khau-giam-nhe-399822.html