Rice prices remain high, paddy prices remain stable

Rice prices today, October 28, in the Mekong Delta provinces remain stable for paddy and rice. Market transactions are slow, with few purchases in warehouses.

Rice prices today, October 28, in the Mekong Delta region remain stable for paddy and rice products. The market is trading moderately.

Update from the Department of Agriculture and Rural Development of An Giang province said that today's rice price has been adjusted compared to yesterday, IR 50404 is priced at 6,700 - 7,000 VND/kg; Dai Thom 8 rice is priced at 7,800 - 8,000 VND/kg, OM 5451 rice is priced at 7,200 - 7,500 VND/kg; OM 18 rice is priced at 7,200 - 7,300 VND/kg, OM 380 fluctuates at 7,000 - 7,200 VND/kg; Japanese rice is at 7,800 - 8,000 VND/kg and Nang Nhen rice (dry) is at 20,000 VND/kg.

In localities such as Soc Trang and Dong Thap, transactions are slow, warehouse purchases are slow, quantity is low, prices are stable.

Besides, the glutinous rice market has not adjusted compared to yesterday. Long An IR 4625 glutinous rice (dry) 9,600 - 9,800 VND/kg is stable compared to yesterday. Long An 3-month glutinous rice (dry) 9,800 - 10,000 VND/kg is unchanged compared to yesterday.

Giá lúa gạo hôm nay 28/10/2024: Giá gạo neo ở mức cao, giá lúa bình ổn

Rice price today October 28, 2024: Rice price remains high, paddy price is stable

In the rice market, rice prices recorded no adjustment compared to yesterday. Currently, the price of raw IR 504 Summer-Autumn rice is at 10,500 - 10,600 VND/kg. Meanwhile, the price of finished IR 504 rice is at 12,600 - 12,700 VND/kg.

Regarding by-products, the prices of various by-products fluctuate between 6,100 - 9,600 VND/kg. Currently, the price of OM 5451 broken rice is at 9,500 - 9,600 VND/kg, stable compared to yesterday; the price of dry bran is at 6,100 - 6,200 VND/kg, stable compared to yesterday.

At retail markets, rice prices have not been adjusted for individual rice products. Currently, Nang Nhen rice has the highest listed price of VND 28,000/kg. However, the price of regular rice continues to be fixed at around VND 15,000 - 16,000/kg, fragrant rice at VND 17,000 - 23,000/kg. Jasmine rice is VND 17,000 - 18,000/kg; Nang Hoa rice is VND 21,500/kg; regular rice fluctuates around VND 15,000 - 16,000/kg; long-grain fragrant rice is VND 20,000 - 22,000/kg; Huong Lai rice is VND 23,000/kg; Taiwanese fragrant rice is VND 21,000/kg; Soc regular rice is VND 18,500/kg; Soc Thai rice is VND 21,000/kg; Japanese rice costs 22,000 VND/kg.

In the export market, Vietnam's rice export prices remained unchanged compared to yesterday. According to the Vietnam Food Association (VFA), 100% broken rice was at $432/ton; 5% standard rice was at $531/ton; and 25% broken rice was at $503/ton.