Rice price today May 15, 2025: Rice price, bran price skyrocketed

Domestic rice price today May 15, 2025

The price of IR 504 raw rice increased by VND50/kg, to around VND8,250 - 8,350/kg. OM 5451 broken rice also increased slightly to VND7,400 - 7,500/kg. Meanwhile, CL 555 raw rice remained unchanged, fluctuating from VND8,600 - 8,900/kg.

In the rice market, prices of most types of rice remained stable. According to a report from the Department of Agriculture and Rural Development of An Giang province, only IR 4625 sticky rice (dry) decreased slightly by VND 100/kg, down to VND 9,700 - 9,900/kg. Other types of rice such as OM 18 and Dai Thom 8 (fresh) remained high at VND 6,800 - 7,000/kg.

Nang Hoa 9 rice is purchased at around 6,650 - 6,750 VND/kg, OM 5451 at 6,000 - 6,200 VND/kg, OM 380 at 5,500 - 5,800 VND/kg, and IR 50404 remains at 5,400 - 5,600 VND/kg. IR 4625 sticky rice (fresh) is stable at around 7,700 - 7,900 VND/kg.

The current situation of rice prices is a reflection of the cautious sentiment of traders and purchasing enterprises. Supply is not too abundant, while the output is still unclear, so transactions have not changed dramatically.

Regarding retail and export rice prices, the market remains stable. In the markets, glutinous rice is sold at VND21,000 - 22,000/kg, Nang Nhen rice at VND28,000/kg, and long-grain fragrant rice at VND20,000 - 22,000/kg. Jasmine rice is at VND16,000 - 18,000/kg, while Huong Lai rice and Nhat rice continue to stand at VND22,000/kg.

World rice price today May 15, 2025

According to the Vietnam Food Association (VFA), Vietnam’s rice export prices are currently stable. 5% broken rice costs $397 per ton, about $13 per ton lower than the same type of rice from Thailand but $8 to $16 per ton higher than rice from India and Pakistan.

For 25% broken rice, the price is currently at $368/ton, $17/ton lower than Thailand, but still $3 to $11/ton higher than India and Pakistan. 100% broken rice is at $321/ton, equal to Pakistan but $26/ton lower than Thailand.

Regarding the global outlook, the latest report from the US Department of Agriculture (USDA) said that world rice production this year is forecast to reach 538.7 million tons, up 1 million tons compared to last year. The increase mainly comes from India and China. However, consumption demand is also forecast to increase to 538.8 million tons, slightly exceeding supply.

Vietnam is forecast to become the world’s second-largest rice importer by 2025, with an estimated output of around 4 million tonnes. This is due to a reduction in domestic cultivation areas and increased demand for rice imports from Cambodia. By 2026, imports may increase slightly to 4.1 million tonnes.

In terms of exports, Vietnam is expected to rise to second place globally in 2025 with an export output of about 7.9 million tons, surpassing Thailand (7 million tons) and only behind India - a country forecast to export up to 24 million tons of rice.

Source: https://baoquangnam.vn/gia-lua-gao-hom-nay-15-5-2025-gia-gao-gia-cam-tang-vot-3154791.html