Rice price today September 18: Continued slight increase

Rice prices today increased by 100-150 VND/kg for some types of exported rice. The domestic market remained stable, with trading activities flourishing.

Domestic rice market is stable

On September 18, the Mekong Delta region recorded little fluctuation in rice prices. Popular rice varieties such as IR 50404 fluctuated around 5,000 - 5,100 VND/kg, OM 18 from 5,600 - 5,800 VND/kg, Dai Thom 8 was stable at 5,700 - 5,800 VND/kg. Higher quality varieties such as OM 5451 and Nang Hoa 9 were purchased from 5,900 - 6,200 VND/kg.

In many localities, buying and selling transactions are taking place regularly but not too lively. Farmers in Can Tho offer Autumn-Winter rice at stable prices, traders are more interested. In Dong Thap, the supply of harvested rice is not much, causing transactions to slow down. In An Giang and Vinh Long, fresh rice prices are stable, traders buy sporadically. Ca Mau and Tay Ninh also recorded a stagnant market, prices did not fluctuate significantly.

Export rice prices increase

Unlike the stability of rice, the price of raw rice for export in An Giang has been adjusted upwards. IR 504 rice increased by 100 VND/kg, reaching 8,100 - 8,200 VND/kg, while CL 555 increased by 150 VND/kg, fluctuating between 8,150 - 8,250 VND/kg. OM 380, OM 18 and OM 5451 remained in the range of 7,450 - 8,600 VND/kg.

In the finished rice segment, OM 380 is sold at VND8,800 - 9,000/kg, while IR 504 remains at VND9,500 - 9,700/kg.

By-products such as OM 504 broken rice and rice bran also increased slightly, trading in the range of 7,300 - 9,000 VND/kg.

Local trading is more active

At warehouses in An Giang, demand for purchases is higher than previous days, especially for raw rice for export.

In Sa Dec and Lap Vo ( Dong Thap ), raw rice prices remained stable, with premium rice seeing a slight increase. Wholesale markets such as Sa Dec and An Cu recorded a good amount of goods, regular transactions, and stable prices.

Stable retail rice prices

In the retail market, the prices of rice of all kinds remained almost unchanged compared to yesterday. Nang Nhen remained at the highest level of 28,000 VND/kg, Huong Lai was commonly at 22,000 VND/kg.

Other types of rice such as Jasmine, Nang Hoa, Nhat or Soc range from 16,000 - 22,000 VND/kg, suitable for general and high-end consumption needs.

International market

In the world market, Vietnam's rice export prices continue to be stable at a high level. According to the Vietnam Food Association, 5% broken fragrant rice fluctuates between 445 and 450 USD/ton, Jasmine rice from 496 to 498 USD/ton. 100% broken rice remains at around 318 to 322 USD/ton.

This trend shows that demand for Vietnamese rice is still well maintained in many international markets.

Source: https://baodanang.vn/gia-lua-gao-hom-nay-18-9-tiep-tuc-tang-nhe-3303086.html